MANHATTAN RESOURCES
MANHATTAN RESOURCES operates in Diversified Metals & Mining.
MANHATTAN RESOURCES (M8D) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2019: -0.043x
Based on the latest financial reports, MANHATTAN RESOURCES (M8D) has a cash flow conversion efficiency ratio of -0.043x as of December 2019.
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 (€-4.92 Million) by net assets (€113.93 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
MANHATTAN RESOURCES - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how MANHATTAN RESOURCES's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
MANHATTAN RESOURCES Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of MANHATTAN RESOURCES ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
EMPEROR INTL HLDGS
MU:EM3A
|
N/A |
|
Antera Ventures II Corp.
V:AVII-P
|
-0.001x |
|
The European Smaller Companies Trust PLC
LSE:ESCT
|
-0.003x |
|
Asia Broadband Inc
PINK:AABB
|
0.007x |
|
Szar
WAR:SZR
|
N/A |
|
Kua Investments Inc.
V:KUAI-P
|
-1.017x |
|
AGILE PROP HOLD (A8P.SG)
STU:A8P
|
N/A |
|
Odyssean Investment Trust PLC
LSE:OIT
|
0.000x |
Annual Cash Flow Conversion Efficiency for MANHATTAN RESOURCES (2016–2023)
The table below shows the annual cash flow conversion efficiency of MANHATTAN RESOURCES from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €92.01 Million | €-8.94 Million | -0.097x | -387.27% |
| 2022-12-31 | €93.77 Million | €3.17 Million | 0.034x | +162.97% |
| 2021-12-31 | €95.93 Million | €-5.15 Million | -0.054x | +1.96% |
| 2020-12-31 | €148.25 Million | €-8.12 Million | -0.055x | +53.85% |
| 2019-12-31 | €113.93 Million | €-13.52 Million | -0.119x | -621.87% |
| 2018-12-31 | €141.36 Million | €3.21 Million | 0.023x | +131.78% |
| 2017-12-31 | €127.80 Million | €-9.14 Million | -0.072x | -320.58% |
| 2016-12-31 | €150.29 Million | €4.87 Million | 0.032x | -- |