Mandalay Resources Corp (MND) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Mandalay Resources Corp (MND) has a cash flow conversion efficiency ratio of 0.109x as of March 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 (CA$27.95 Million ≈ $20.22 Million USD) by net assets (CA$256.73 Million ≈ $185.72 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See MND equity to assets ratio to measure how much of total assets are equity-financed.
Mandalay Resources Corp - Cash Flow Conversion Efficiency Trend (1999–2024)
This chart illustrates how Mandalay Resources Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Mandalay Resources Corp cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Mandalay Resources Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mandalay Resources Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ningbo Color Master Batch Co. Ltd.
SHE:301019
|
0.030x |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
-0.001x |
|
Akastor ASA
OL:AKAST
|
0.003x |
|
Zhejiang Giuseppe Garment Co Ltd
SHE:002687
|
0.041x |
|
Chalice Mining Limited
F:C8U
|
-0.100x |
|
Shandong Minhe Animal Husbandry Co Ltd
SHE:002234
|
0.026x |
|
Australian Ethical Investment Ltd
AU:AEF
|
0.297x |
|
Mirbud SA
WAR:MRB
|
0.000x |
Annual Cash Flow Conversion Efficiency for Mandalay Resources Corp (1999–2024)
The table below shows the annual cash flow conversion efficiency of Mandalay Resources Corp from 1999 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Mandalay Resources Corp.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$229.27 Million ≈ $165.85 Million |
CA$112.72 Million ≈ $81.54 Million |
0.492x | +123.66% |
| 2023-12-31 | CA$196.93 Million ≈ $142.46 Million |
CA$43.29 Million ≈ $31.32 Million |
0.220x | -49.42% |
| 2022-12-31 | CA$184.15 Million ≈ $133.21 Million |
CA$80.04 Million ≈ $57.90 Million |
0.435x | +23.80% |
| 2021-12-31 | CA$176.69 Million ≈ $127.81 Million |
CA$62.03 Million ≈ $44.87 Million |
0.351x | -22.68% |
| 2020-12-31 | CA$135.78 Million ≈ $98.22 Million |
CA$61.66 Million ≈ $44.60 Million |
0.454x | +568.41% |
| 2019-12-31 | CA$111.75 Million ≈ $80.84 Million |
CA$7.59 Million ≈ $5.49 Million |
0.068x | -72.64% |
| 2018-12-31 | CA$96.14 Million ≈ $69.54 Million |
CA$23.88 Million ≈ $17.27 Million |
0.248x | +49.55% |
| 2017-12-31 | CA$165.54 Million ≈ $119.75 Million |
CA$27.49 Million ≈ $19.89 Million |
0.166x | -28.72% |
| 2016-12-31 | CA$203.04 Million ≈ $146.87 Million |
CA$47.30 Million ≈ $34.21 Million |
0.233x | -27.08% |
| 2015-12-31 | CA$207.69 Million ≈ $150.24 Million |
CA$66.36 Million ≈ $48.00 Million |
0.319x | +50.00% |
| 2014-12-31 | CA$218.78 Million ≈ $158.26 Million |
CA$46.60 Million ≈ $33.71 Million |
0.213x | -54.01% |
| 2013-12-31 | CA$153.58 Million ≈ $111.10 Million |
CA$71.13 Million ≈ $51.46 Million |
0.463x | +9.37% |
| 2012-12-31 | CA$143.08 Million ≈ $103.50 Million |
CA$60.59 Million ≈ $43.83 Million |
0.423x | +41.31% |
| 2011-12-31 | CA$98.97 Million ≈ $71.59 Million |
CA$29.66 Million ≈ $21.45 Million |
0.300x | +2447.91% |
| 2010-12-31 | CA$62.29 Million ≈ $45.06 Million |
CA$-794.97K ≈ $-575.07K |
-0.013x | -97.43% |
| 2009-12-31 | CA$33.36 Million ≈ $24.13 Million |
CA$-215.66K ≈ $-156.00K |
-0.006x | +93.64% |
| 2008-12-31 | CA$4.90 Million ≈ $3.54 Million |
CA$-497.84K ≈ $-360.13K |
-0.102x | -6.56% |
| 2007-12-31 | CA$6.28 Million ≈ $4.54 Million |
CA$-598.94K ≈ $-433.27K |
-0.095x | +59.82% |
| 2006-12-31 | CA$4.34 Million ≈ $3.14 Million |
CA$-1.03 Million ≈ $-744.32K |
-0.237x | -10.18% |
| 2005-12-31 | CA$1.85 Million ≈ $1.34 Million |
CA$-397.61K ≈ $-287.63K |
-0.215x | -359.03% |
| 2004-12-31 | CA$702.69K ≈ $508.32K |
CA$58.43K ≈ $42.27K |
0.083x | +129.67% |
| 2003-12-31 | CA$1.04 Million ≈ $749.81K |
CA$-290.48K ≈ $-210.13K |
-0.280x | -32.83% |
| 2002-12-31 | CA$326.16K ≈ $235.94K |
CA$-68.81K ≈ $-49.78K |
-0.211x | +42.15% |
| 2001-12-31 | CA$306.44K ≈ $221.67K |
CA$-111.76K ≈ $-80.84K |
-0.365x | -216.36% |
| 2000-12-31 | CA$76.17K ≈ $55.10K |
CA$23.87K ≈ $17.27K |
0.313x | +184.81% |
| 1999-12-31 | CA$84.56K ≈ $61.17K |
CA$-31.25K ≈ $-22.61K |
-0.370x | -- |
About Mandalay Resources Corp
Mandalay Resources Corporation, together with its subsidiaries, engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties in Australia, Sweden, Chile, and Canada. It explores for gold, copper, silver, and antimony deposits. The company's assets consist of the Costerfield gold-antimony mine covering an area of 1,219 hectares located in Victoria, Austral… Read more