Makara Mining Corp
Hardcore Discoveries Ltd., a mineral exploration company, focuses on the acquisition, exploration, and development of mineral properties. The company was formerly known as Makara Mining Corp. and changed its name to Hardcore Discoveries Ltd. in December 2023. Hardcore Discoveries Ltd. was incorporated in 2019 and is headquartered in Vancouver, Canada.
Makara Mining Corp (MAKAF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.026x
Based on the latest financial reports, Makara Mining Corp (MAKAF) has a cash flow conversion efficiency ratio of 0.026x 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 ($-19.00K) by net assets ($-722.77K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Makara Mining Corp - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Makara Mining Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Makara Mining Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Makara Mining Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PRYSMIAN - Dusseldorf Stock Exchang
DU:AEU
|
0.096x |
|
BELLUSCURA PLC LS -01
F:9VQ
|
N/A |
|
Komarkcorp Bhd
KLSE:7017
|
-0.003x |
|
N. Leventeris S.A.
AT:LEBEK
|
-0.132x |
|
Track Group Inc
OTCQX:TRCK
|
-0.109x |
|
Schroder European Real Estate PLC
JSE:SCD
|
0.036x |
|
SERVICENOW (4S0.SG)
STU:4S0
|
0.072x |
|
REDSUN PROPERTIES GROUP
F:0RJ
|
N/A |
Annual Cash Flow Conversion Efficiency for Makara Mining Corp (2019–2024)
The table below shows the annual cash flow conversion efficiency of Makara Mining Corp from 2019 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-534.42K | $-78.32K | 0.147x | +343.64% |
| 2023-12-31 | $-1.31 Million | $-43.26K | 0.033x | -95.29% |
| 2022-12-31 | $-429.60K | $-301.49K | 0.702x | +183.83% |
| 2021-12-31 | $429.64K | $-359.68K | -0.837x | +85.93% |
| 2020-12-31 | $829.17K | $-4.93 Million | -5.951x | -2112569.60% |
| 2019-12-31 | $365.67K | $-103.00 | 0.000x | -- |