Ming Le Sports AG (ML2) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-25.81K USD) by net assets (€1.31 Million ≈ $1.53 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see how much is Ming Le Sports AG worth for the company's overall valuation and market capitalisation.

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.

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. Explore Ming Le Sports AG (ML2) cash earnings ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Sejahtera Bintang Abadi Textile Tbk JK:SBAT	-0.023x
Sino-German United AG F:SGU	N/A
Lytus Technologies Holdings PTV. Ltd. Common Shares NASDAQ:LYT	0.005x
Annum Bhd KLSE:5082	0.001x
Cadence Minerals PLC LSE:KDNC	-0.045x
PCI Biotech Holding ASA OL:PCIB	-0.501x
Virpax Pharmaceuticals Inc NASDAQ:VRPX	3.142x
HARVEST MINERALS LTD F:7HM	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. View Ming Le Sports AG stock quote for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	€1.22 Million ≈ $1.43 Million	€651.46K ≈ $761.63K	0.534x	+196.08%
2023-12-31	€1.43 Million ≈ $1.67 Million	€257.77K ≈ $301.36K	0.180x	+284.15%
2022-12-31	€1.31 Million ≈ $1.53 Million	€-128.10K ≈ $-149.76K	-0.098x	+18.42%
2021-12-31	€1.89 Million ≈ $2.21 Million	€-227.44K ≈ $-265.90K	-0.120x	-233.31%
2020-12-31	€2.11 Million ≈ $2.46 Million	€189.81K ≈ $221.91K	0.090x	-12.66%
2019-12-31	€1.97 Million ≈ $2.30 Million	€203.36K ≈ $237.75K	0.103x	+109.18%
2018-12-31	€1.81 Million ≈ $2.12 Million	€-2.04 Million ≈ $-2.38 Million	-1.124x	-118.43%
2017-12-31	€637.36K ≈ $745.14K	€-328.02K ≈ $-383.49K	-0.515x	--

About Ming Le Sports AG

F:ML2 Germany Apparel Manufacturing

Market Cap

$2.16 Million

€1.85 Million EUR

Market Cap Rank

#31250 Global

#2765 in Germany

Share Price

€0.60

Change (1 day)

+0.00%

52-Week Range

€0.00 - €1.05

All Time High

€21.00