musicMagpie PLC (MMAG) - Cash Flow Conversion Efficiency

Latest as of May 2024: 0.302x

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. See musicMagpie PLC balance sheet independence to measure how much of total assets are equity-financed.

musicMagpie PLC - Cash Flow Conversion Efficiency Trend (2016–2023)

This chart illustrates how musicMagpie PLC's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is musicMagpie PLC's earnings quality to evaluate the quality of earnings relative to operating cash generation.

musicMagpie PLC Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of musicMagpie PLC ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Ordinary Fully Paid Deferred Settlement AU:HRZDB	-0.180x
AdCapital AG F:ADC	N/A
GenIP PLC LSE:GNIP	-0.432x
Sorted Group Holdings Plc LSE:SORT	1.476x
NH Special Purpose Acquisition 21 Co. Ltd. KQ:391710	0.166x
Enlightify Inc. NYSE:ENFY	-0.015x
Secure Property Development & Investment Plc LSE:SPDI	0.237x
Fibra Mty S.A.P.I. de C.V. MX:FMTY14	0.045x

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. For the full company profile with market capitalisation and key ratios, see MMAG stock market capitalisation.

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

LSE:MMAG UK Specialty Retail

Market Cap

$8.10K

GBX66.56 Million GBX

Market Cap Rank

#31698 Global

#1296 in UK

Share Price

GBX0.68

Change (1 day)

+2.27%

52-Week Range

GBX0.61 - GBX0.68

All Time High

GBX198.00