MAJESTIC GOLD
MAJESTIC GOLD operates in Diversified Metals & Mining.
MAJESTIC GOLD (MJT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.063x
Based on the latest financial reports, MAJESTIC GOLD (MJT) has a cash flow conversion efficiency ratio of 0.063x as of June 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 (€10.22 Million) by net assets (€162.24 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
MAJESTIC GOLD - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how MAJESTIC GOLD's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
MAJESTIC GOLD Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of MAJESTIC GOLD ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Pakistan International Container Terminal Ltd
KAR:PICT
|
-0.023x |
|
Airea Plc
LSE:AIEA
|
0.115x |
|
Core Nickel Corp.
V:CNCO
|
-0.328x |
|
Lanka Realty Investments PLC
CM:ASCON0000
|
N/A |
|
DALIAN PORT (PDA)-H
MU:D7P
|
N/A |
|
Hunter Creek Mining Co
PINK:HTRC
|
N/A |
|
Effector Therapeutics Inc
NASDAQ:EFTR
|
-8.800x |
|
Caledonian Trust PLC
LSE:CNN
|
0.011x |
Annual Cash Flow Conversion Efficiency for MAJESTIC GOLD (2016–2023)
The table below shows the annual cash flow conversion efficiency of MAJESTIC GOLD from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-09-30 | €152.30 Million | €24.49 Million | 0.161x | -41.95% |
| 2022-09-30 | €109.33 Million | €30.29 Million | 0.277x | +66.32% |
| 2021-09-30 | €92.81 Million | €15.46 Million | 0.167x | -59.25% |
| 2020-09-30 | €90.09 Million | €36.82 Million | 0.409x | +269.91% |
| 2018-09-30 | €88.86 Million | €9.82 Million | 0.110x | +0.03% |
| 2017-09-30 | €69.12 Million | €7.63 Million | 0.110x | +15.97% |
| 2016-09-30 | €57.64 Million | €5.49 Million | 0.095x | -- |