musicMagpie PLC Cash Flow Conversion Efficiency
musicMagpie PLC cash flow conversion efficiency. Based on the latest financial reports, musicMagpie PLC (MMAG) has a cash flow conversion efficiency ratio of 0.302x as of May 2024. 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 (GBX2.83 Million ≈ $344.94 USD) by net assets (GBX9.38 Million ≈ $1.14K 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 musicMagpie PLC (2016–2023)
Cash flow conversion efficiency of musicMagpie PLC from 2016 to 2023. This chart illustrates how musicMagpie PLC's cash flow conversion efficiency has evolved over time, based on yearly financial data. View musicMagpie PLC stock quote for real-time trading data and today's change.
musicMagpie PLC Cash Flow Conversion Ratio Explained
musicMagpie PLC 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.
musicMagpie PLC Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of musicMagpie PLC ranked by their cash flow conversion efficiency. Also see musicMagpie PLC (MMAG) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
AdCapital AG
F:ADC
|
N/A |
|
Sorted Group Holdings Plc
LSE:SORT
|
1.476x |
|
PipeHawk plc
LSE:PIP
|
0.022x |
|
Ordinary Fully Paid Deferred Settlement
AU:HRZDB
|
-0.180x |
|
Rivco Australia Ltd
AU:RIV
|
-0.057x |
|
Yeh-Chiang Technology
TWO:6124
|
-0.087x |
|
SCG PACKAGING -FGN- BA 1
F:5Y7A
|
0.038x |
|
Adamas One Corp. Common Stock
NASDAQ:JEWL
|
0.097x |
Annual Cash Flow Conversion Efficiency for musicMagpie PLC (2016–2023)
The table below shows the annual cash flow conversion efficiency of musicMagpie PLC from 2016 to 2023. Review musicMagpie PLC free cash flow ratio 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 |
|---|---|---|---|---|
| 2023-11-30 | GBX12.28 Million ≈ $1.49K |
GBX8.13 Million ≈ $988.82 |
0.662x | +130.38% |
| 2022-11-30 | GBX19.54 Million ≈ $2.38K |
GBX5.62 Million ≈ $683.30 |
0.287x | +1860.23% |
| 2021-11-30 | GBX24.28 Million ≈ $2.95K |
GBX356.00K ≈ $43.31 |
0.015x | -99.70% |
| 2020-11-30 | GBX2.42 Million ≈ $294.44 |
GBX11.98 Million ≈ $1.46K |
4.950x | +1462.78% |
| 2019-11-30 | GBX-6.45 Million ≈ $-784.17 |
GBX2.34 Million ≈ $284.83 |
-0.363x | -4946.97% |
| 2018-11-30 | GBX-5.74 Million ≈ $-698.15 |
GBX-43.00K ≈ $-5.23 |
0.007x | -99.84% |
| 2017-05-31 | GBX490.00K ≈ $59.62 |
GBX2.23 Million ≈ $270.96 |
4.545x | +720.51% |
| 2016-05-31 | GBX1.50 Million ≈ $181.90 |
GBX-1.09 Million ≈ $-133.23 |
-0.732x | -- |
About musicMagpie PLC
musicMagpie plc engages in the re-commerce of consumer technology, books, and disc media products in the United Kingdom and the United States. The company buys, refurbishes, rents, and sells consumer technology products, including smartphones, tablets, consoles, wearables, and personal computers; and CDs, DVDs, Blu-rays, and video games. It also buys and sells hardback and paperback books; and pr… Read more