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.
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. Read debt load of Ming Le Sports AG for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Greenroc Mining PLC
LSE:GROC
|
-0.055x |
|
Sable Exploration and Mining Ltd
JSE:SXM
|
N/A |
|
Trustco Group Holdings
JSE:TTO
|
-0.004x |
|
Ratu Prabu Energi Tbk
JK:ARTI
|
0.024x |
|
Power Metal Resources plc
LSE:POW
|
-0.078x |
|
Creightons Plc
LSE:CRL
|
0.032x |
|
Xeros Technology Group Plc
LSE:XSG
|
-1.072x |
|
AVILA ENERGY CORP.
F:6HQ0
|
0.001x |
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 ML2 market cap.
| 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.