Ming Le Sports AG Cash Flow Conversion Efficiency

Latest as of December 2022: -0.017x

Ming Le Sports AG 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.

Cash Flow Conversion Efficiency of Ming Le Sports AG (2017–2024)

Cash flow conversion efficiency of Ming Le Sports AG from 2017 to 2024. This chart illustrates how Ming Le Sports AG's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Ming Le Sports AG share price for real-time trading data and today's change.

Ming Le Sports AG Cash Flow Conversion Ratio Explained

Ming Le Sports AG cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see market value of Ming Le Sports AG for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Sejahtera Bintang Abadi Textile Tbk JK:SBAT	-0.023x
Sosandar Plc LSE:SOS	0.053x
finnCap Group PLC LSE:CAV	0.017x
NAHL Group PLC LSE:NAH	0.129x
Portmeirion Group PLC LSE:PMP	-0.015x
Sino-German United AG F:SGU	N/A
PCI Biotech Holding ASA OL:PCIB	-0.501x
Abingdon Health Plc LSE:ABDX	-0.204x

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. Review cash generation quality of Ming Le Sports AG to assess how much free cash flow the company generates relative to operating cash flow.

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

#31277 Global

#2763 in Germany

Share Price

€0.60

Change (1 day)

+0.00%

52-Week Range

€0.00 - €0.60

All Time High

€21.00