NEW MILLENNIUM IRON
NEW MILLENNIUM IRON operates in Diversified Metals & Mining.
NEW MILLENNIUM IRON (36N) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.136x
Based on the latest financial reports, NEW MILLENNIUM IRON (36N) has a cash flow conversion efficiency ratio of -0.136x as of June 2024.
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 (€-7.05 Million) by net assets (€51.90 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
NEW MILLENNIUM IRON - Cash Flow Conversion Efficiency Trend (2016–2022)
This chart illustrates how NEW MILLENNIUM IRON's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
NEW MILLENNIUM IRON Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NEW MILLENNIUM IRON ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Keweenaw Land Association Limited
PINK:KEWL
|
-0.002x |
|
Maverix Metals Inc
STU:7781
|
0.029x |
|
Rexel SA
MU:E7V
|
N/A |
|
HARBOURVEST GL.EQ.APR.14
F:9JF
|
N/A |
|
Bellway PLC
LSE:BWY
|
0.026x |
|
POLYPLANK AKTIEBO. SK 25
F:PP7
|
N/A |
|
SVB Financial Group
PINK:SIVBQ
|
0.063x |
|
Holobeam Inc
PINK:HOOB
|
0.267x |
Annual Cash Flow Conversion Efficiency for NEW MILLENNIUM IRON (2016–2022)
The table below shows the annual cash flow conversion efficiency of NEW MILLENNIUM IRON from 2016 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | €10.80 Million | €-15.30 Million | -1.416x | -221.82% |
| 2021-12-31 | €27.94 Million | €-12.30 Million | -0.440x | -14.31% |
| 2020-12-31 | €13.80 Million | €-5.31 Million | -0.385x | -471.91% |
| 2019-12-31 | €17.11 Million | €-1.15 Million | -0.067x | -151.85% |
| 2018-12-31 | €25.82 Million | €3.35 Million | 0.130x | +230.89% |
| 2017-12-31 | €28.57 Million | €-2.83 Million | -0.099x | -62.18% |
| 2016-12-31 | €67.57 Million | €-4.13 Million | -0.061x | -- |