Ming Le Sports AG (ML2) - Cash Flow Conversion Efficiency
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. See ML2 equity to assets ratio to measure how much of total assets are equity-financed.
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. Check ML2 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Adamas One Corp. Common Stock
NASDAQ:JEWL
|
0.097x |
|
NURAN WIRELESS INC.
F:1RNA
|
N/A |
|
Tipco Asphalt Public Company Limited
F:TPY1
|
0.122x |
|
CR Capital AG
XETRA:CRZK
|
-0.005x |
|
American Hotel Income Properties LP
TO:HOT-U
|
-0.001x |
|
Construction JSC 47
VN:C47
|
N/A |
|
Thai Union Group Public Company Limited
F:THYG
|
0.011x |
|
PTT OIL+RET.BUS.-FOR-BA10
F:7F8
|
0.185x |
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. For the full company profile with market capitalisation and key ratios, see market value of Ming Le Sports AG.
| 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
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.