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.

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. Read total liabilities of musicMagpie PLC for a breakdown of total debt and financial obligations.

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
Fibra Mty S.A.P.I. de C.V. MX:FMTY14	0.045x
Yeh-Chiang Technology TWO:6124	-0.087x
KRUNG THAI -FGN- BA 515 F:KTB1	N/A
Soosung Innovation Co. Ltd. KQ:084180	0.055x
L1 Group Limited AU:L1G	N/A
Taylor Maritime Investments Ltd LSE:TMI	0.061x
Bagfas Bandirma Gubre Fabrikalari AS IS:BAGFS	-0.047x

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 market cap of musicMagpie PLC.

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

#31309 Global

#1294 in UK

Share Price

GBX0.68

Change (1 day)

+2.27%

52-Week Range

GBX0.61 - GBX0.70

All Time High

GBX198.00