Monarch Mining Corporation
Monarch Mining Corporation, a gold mining company, engages in the exploration and development of mining properties in Canada. It owns 143 square kilometers of mining assets, including the Beaufor mine, McKenzie property, Swanson property, and Beacon Mill. The company was incorporated in 2020 and is headquartered in Saint-Sauveur, Canada.
Monarch Mining Corporation (GBARF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: -0.211x
Based on the latest financial reports, Monarch Mining Corporation (GBARF) has a cash flow conversion efficiency ratio of -0.211x as of September 2023.
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 ($-1.50 Million) by net assets ($7.13 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Monarch Mining Corporation - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how Monarch Mining Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Monarch Mining Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Monarch Mining Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Silver Predator Corp
PINK:SVROF
|
-0.022x |
|
Safe and Green Development Corporation
NASDAQ:SGD
|
-0.490x |
|
Ayima Group AB Series B
ST:AYIMA-B
|
0.090x |
|
KNeoMedia Limited
PINK:KNEOF
|
0.046x |
|
Ilustrato Pictures
PINK:ILUS
|
-0.088x |
|
Gujarat Lease Financing Limited
NSE:GLFL
|
0.049x |
|
Eastern Silk Industries Limited
NSE:EASTSILK
|
0.189x |
|
COLGATE-PALMOLIVE - Dusseldorf Stock Exchang
DU:CPA
|
1.396x |
Annual Cash Flow Conversion Efficiency for Monarch Mining Corporation (2021–2023)
The table below shows the annual cash flow conversion efficiency of Monarch Mining Corporation from 2021 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | $9.51 Million | $-13.34 Million | -1.403x | -356.99% |
| 2022-06-30 | $48.87 Million | $-15.01 Million | -0.307x | -63.24% |
| 2021-06-30 | $49.81 Million | $-9.37 Million | -0.188x | -- |