Ming Le Sports AG
Ming Le Sports AG engages in the research, development, manufacturing, sale, and distribution of footwear, clothing, accessories, and sporting goods in Germany and internationally. The company was incorporated in 2011 and is based in Mühltal, Germany.
Ming Le Sports AG (ML2) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2022: -0.017x
Based on the latest financial reports, Ming Le Sports AG (ML2) has a cash flow conversion efficiency ratio of -0.017x as of December 2022.
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 (€-22.08K) by net assets (€1.31 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ming Le Sports AG - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Ming Le Sports AG's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Ming Le Sports AG Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ming Le Sports AG ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ZON OPTIMUS
BE:PMV
|
N/A |
|
Hwangkum Steel & Technology Co. Ltd.
KQ:032560
|
N/A |
|
FALKENSTEIN NEBENW (FAK.SG)
STU:FAK
|
N/A |
|
Bukit Darah PLC
CM:BUKIN0000
|
N/A |
|
Quickstep Holdings Limited
PINK:QCKSF
|
0.129x |
|
GALAXY ENTERTAIN (KW9A.SG)
STU:KW9A
|
N/A |
|
Bowlin Travel Centers Inc
PINK:BWTL
|
-0.006x |
|
RADL3F
SA:RADL3F
|
N/A |
Annual Cash Flow Conversion Efficiency for Ming Le Sports AG (2017–2024)
The table below shows the annual cash flow conversion efficiency of Ming Le Sports AG from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €1.22 Million | €651.46K | 0.534x | +196.08% |
| 2023-12-31 | €1.43 Million | €257.77K | 0.180x | +284.15% |
| 2022-12-31 | €1.31 Million | €-128.10K | -0.098x | +18.42% |
| 2021-12-31 | €1.89 Million | €-227.44K | -0.120x | -233.31% |
| 2020-12-31 | €2.11 Million | €189.81K | 0.090x | -12.66% |
| 2019-12-31 | €1.97 Million | €203.36K | 0.103x | +109.18% |
| 2018-12-31 | €1.81 Million | €-2.04 Million | -1.124x | -118.43% |
| 2017-12-31 | €637.36K | €-328.02K | -0.515x | -- |