Midas Minerals Ltd (MM1) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Midas Minerals Ltd (MM1) has a cash flow conversion efficiency ratio of -0.189x as of June 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (AU$-1.67 Million ≈ $-1.18 Million USD) by net assets (AU$8.84 Million ≈ $6.25 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Midas Minerals Ltd (MM1) balance sheet quality index to measure how much of total assets are equity-financed.
Midas Minerals Ltd - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Midas Minerals Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Midas Minerals Ltd cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Midas Minerals Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Midas Minerals Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Seven West Media Ltd
AU:SWM
|
-0.001x |
|
FutureChem Co.Ltd
KQ:220100
|
0.000x |
|
EKOS
IS:EKOS
|
0.009x |
|
Northcliff Resources Ltd
TO:NCF
|
-0.049x |
|
ADC Therapeutics SA
NYSE:ADCT
|
0.137x |
|
Wam Alternative Assets Ltd
AU:WMA
|
-0.026x |
|
Panatlântica S.A
SA:PATI3
|
0.069x |
|
Rhinebeck Bancorp Inc
NASDAQ:RBKB
|
0.020x |
Annual Cash Flow Conversion Efficiency for Midas Minerals Ltd (2018–2024)
The table below shows the annual cash flow conversion efficiency of Midas Minerals Ltd from 2018 to 2024. For the full company profile with market capitalisation and key ratios, see Midas Minerals Ltd market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | AU$5.20 Million ≈ $3.68 Million |
AU$-1.31 Million ≈ $-928.35K |
-0.252x | -23.95% |
| 2023-12-31 | AU$6.12 Million ≈ $4.33 Million |
AU$-1.25 Million ≈ $-881.60K |
-0.203x | -84.19% |
| 2022-12-31 | AU$7.34 Million ≈ $5.19 Million |
AU$-810.82K ≈ $-573.71K |
-0.110x | +22.29% |
| 2021-12-31 | AU$8.05 Million ≈ $5.70 Million |
AU$-1.14 Million ≈ $-810.15K |
-0.142x | -650.00% |
| 2020-12-31 | AU$8.67 Million ≈ $6.14 Million |
AU$-164.41K ≈ $-116.33K |
-0.019x | +79.90% |
| 2019-12-31 | AU$2.19 Million ≈ $1.55 Million |
AU$-206.60K ≈ $-146.19K |
-0.094x | -57490.83% |
| 2018-12-31 | AU$3.41 Million ≈ $2.41 Million |
AU$-558.17 ≈ $-394.94 |
0.000x | -- |
About Midas Minerals Ltd
Midas Minerals Limited engages in exploration and evaluation of mineral resources in Western Australia and Canada. It explores for gold, lithium, copper, nickel, platinoids, and base metals as well as platinum group elements. The company was incorporated in 2018 is based in West Perth, Australia.