Mirage Energy Corp
Mirage Energy Corporation, through its subsidiaries, focuses on developing an integrated pipeline and natural gas storage facility in Mexico and the United States. The company was formerly known as Bridgewater Platforms Inc. and changed its name to Mirage Energy Corporation in November 2016. Mirage Energy Corporation was incorporated in 2014 and is based in San Antonio, Texas.
Mirage Energy Corp (MRGE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of July 2023: 0.051x
Based on the latest financial reports, Mirage Energy Corp (MRGE) has a cash flow conversion efficiency ratio of 0.051x as of July 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 ($-143.07K) by net assets ($-2.81 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Mirage Energy Corp - Cash Flow Conversion Efficiency Trend (2014–2023)
This chart illustrates how Mirage Energy 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.
Mirage Energy Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mirage Energy Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
TOMO HOLDINGS LTD HD-01
F:5WZ
|
N/A |
|
HCA HLDGS
BE:2BH
|
4.472x |
|
FTC SOLAR INC. DL -0001
F:6YK
|
N/A |
|
TOBESOFT Co. Ltd
KQ:079970
|
0.018x |
|
Adventa Bhd
KLSE:7191
|
-0.003x |
|
KOYJ Co. Ltd
KQ:121850
|
-0.329x |
|
NetX Holdings Bhd
KLSE:0020
|
0.025x |
|
Mud & Hound Public Company Limited
BK:MUD
|
0.039x |
Annual Cash Flow Conversion Efficiency for Mirage Energy Corp (2014–2023)
The table below shows the annual cash flow conversion efficiency of Mirage Energy Corp from 2014 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-07-31 | $-2.81 Million | $-182.85K | 0.065x | -71.40% |
| 2022-07-31 | $-2.92 Million | $-665.86K | 0.228x | -14.89% |
| 2021-07-31 | $-3.07 Million | $-821.60K | 0.268x | -14.12% |
| 2020-07-31 | $-2.86 Million | $-890.37K | 0.312x | +192.81% |
| 2019-07-31 | $-3.15 Million | $-335.25K | 0.106x | +15.35% |
| 2018-07-31 | $-2.41 Million | $-222.00K | 0.092x | -59.38% |
| 2017-07-31 | $-1.46 Million | $-330.96K | 0.227x | -86.21% |
| 2016-07-31 | $-13.42K | $-22.10K | 1.647x | +171.22% |
| 2015-07-31 | $14.20K | $-32.84K | -2.312x | -388.67% |
| 2014-07-31 | $634.00 | $-300.00 | -0.473x | -- |