Mobile Global Esports Inc.
Mobile Global Esports Inc., gaming and digital entertainment company, operates in the esports business. It organizes and commercializes various virtual esports events. The company engages in developing Dominus, a proprietary fantasy simulation and scoring engine. The company was formerly known as Elite Esports, Inc. and changed its name to Mobile Global Esports Inc. in April 2021. Mobile Global E… Read more
Mobile Global Esports Inc. (MGAM) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -1.427x
Based on the latest financial reports, Mobile Global Esports Inc. (MGAM) has a cash flow conversion efficiency ratio of -1.427x as of September 2025.
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 ($-291.67K) by net assets ($204.44K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Mobile Global Esports Inc. - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Mobile Global Esports Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Mobile Global Esports Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mobile Global Esports Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Michman Basad Ltd
TA:MCMN
|
-0.271x |
|
Go Green Global Tech
OTCQB:GOGR
|
0.000x |
|
Getty Copper Inc
PINK:GTCDF
|
-0.010x |
|
Ever Shine Textile Industry
JK:ESTI
|
0.027x |
|
Bluejay Diagnostics Inc
NASDAQ:BJDX
|
-0.243x |
|
SIMPSON MANUFACTRNG
MU:TWL
|
0.063x |
|
MITSUI MNG & SMLT
DU:MMG
|
N/A |
|
Eduform'action S.A.
PA:MLEFA
|
N/A |
Annual Cash Flow Conversion Efficiency for Mobile Global Esports Inc. (2021–2024)
The table below shows the annual cash flow conversion efficiency of Mobile Global Esports Inc. from 2021 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $999.24K | $-2.11 Million | -2.109x | -82.74% |
| 2023-12-31 | $3.10 Million | $-3.57 Million | -1.154x | -619.94% |
| 2022-12-31 | $9.01 Million | $-1.44 Million | -0.160x | +3.25% |
| 2021-12-31 | $269.39K | $-44.62K | -0.166x | -- |