Mining Global Inc
Mining Global Inc., an exploration stage company, operates in the gold mining business. It also explores for precious metals. The company was formerly known as Yaterra Ventures Corp. and changed its name to Mining Global Inc. in August 2014. The company was incorporated in 2006 and is based in West Palm Beach, Florida.
Mining Global Inc (MNGG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of November 2023: 0.796x
Based on the latest financial reports, Mining Global Inc (MNGG) has a cash flow conversion efficiency ratio of 0.796x as of November 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 ($-127.22K) by net assets ($-159.76K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Mining Global Inc - Cash Flow Conversion Efficiency Trend (2008–2023)
This chart illustrates how Mining Global 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.
Mining Global Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mining Global Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hubilu Venture Corporation
PINK:HBUV
|
-0.072x |
|
Ankit Metal & Power Limited
NSE:ANKITMETAL
|
-0.018x |
|
ALPHAHELIX MOL.DIAGN. SK1
F:4MB
|
N/A |
|
Mentor Capital Inc.
OTCQB:MNTR
|
-0.024x |
|
Benz Mining Corp
PINK:BENZF
|
-0.135x |
|
KORE Mining Ltd
PINK:KOREF
|
0.029x |
|
Thirdeye Systems Ltd
TA:THES
|
-0.785x |
|
Backstageplay Inc
PINK:PRYNF
|
0.145x |
Annual Cash Flow Conversion Efficiency for Mining Global Inc (2008–2023)
The table below shows the annual cash flow conversion efficiency of Mining Global Inc from 2008 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-08-31 | $-35.88K | $-40.13K | 1.119x | +213.67% |
| 2022-08-31 | $-60.97K | $60.00K | -0.984x | -632.07% |
| 2021-08-31 | $706.05K | $130.58K | 0.185x | +1002.08% |
| 2020-08-31 | $-637.90K | $-10.71K | 0.017x | -62.99% |
| 2019-08-31 | $-606.22K | $-27.49K | 0.045x | -39.64% |
| 2018-08-31 | $-558.76K | $-41.98K | 0.075x | +115.08% |
| 2015-08-31 | $-317.40K | $158.13K | -0.498x | -1295.53% |
| 2013-08-31 | $-3.34 Million | $-138.98K | 0.042x | 0.00% |
| 2012-08-31 | $-3.34 Million | $-138.98K | 0.042x | -79.29% |
| 2011-08-31 | $-463.01K | $-93.17K | 0.201x | -32.96% |
| 2010-08-31 | $-283.82K | $-85.19K | 0.300x | -62.20% |
| 2009-08-31 | $-132.84K | $-105.47K | 0.794x | -95.05% |
| 2008-08-31 | $-5.08K | $-81.57K | 16.055x | -- |