MacDonald Mines Exploration Ltd (BMK) - Cash Flow Conversion Efficiency
Based on the latest financial reports, MacDonald Mines Exploration Ltd (BMK) has a cash flow conversion efficiency ratio of -0.004x as of September 2024. 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$2.81K ≈ $2.04K USD) by net assets (CA$-701.66K ≈ $-507.57K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is MacDonald Mines Exploration Ltd's balance sheet to measure how much of total assets are equity-financed.
MacDonald Mines Exploration Ltd - Cash Flow Conversion Efficiency Trend (2001–2023)
This chart illustrates how MacDonald Mines Exploration Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check BMK cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
MacDonald Mines Exploration Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of MacDonald Mines Exploration Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Induct AS
OL:INDCT
|
N/A |
|
Wa Kaolin Ltd
AU:WAK
|
-0.393x |
|
aovo Touristik AG
MU:A8N
|
0.246x |
|
Nocera Inc
NASDAQ:NCRA
|
-0.164x |
|
Universal Biosensors Inc
AU:UBI
|
-0.301x |
|
Colabor Group Inc.
TO:GCL
|
0.101x |
|
Timah Resources Ltd
AU:TML
|
0.007x |
|
ARGO GOLD INC.
F:P3U
|
0.038x |
Annual Cash Flow Conversion Efficiency for MacDonald Mines Exploration Ltd (2001–2023)
The table below shows the annual cash flow conversion efficiency of MacDonald Mines Exploration Ltd from 2001 to 2023. For the full company profile with market capitalisation and key ratios, see how much is MacDonald Mines Exploration Ltd worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | CA$-468.44K ≈ $-338.86K |
CA$-795.57K ≈ $-575.50K |
1.698x | -57.19% |
| 2022-12-31 | CA$-250.05K ≈ $-180.88K |
CA$-991.91K ≈ $-717.54K |
3.967x | +239.10% |
| 2021-12-31 | CA$1.11 Million ≈ $806.14K |
CA$-3.18 Million ≈ $-2.30 Million |
-2.852x | -64.10% |
| 2020-12-31 | CA$2.23 Million ≈ $1.61 Million |
CA$-3.87 Million ≈ $-2.80 Million |
-1.738x | -110.93% |
| 2019-12-31 | CA$-163.56K ≈ $-118.32K |
CA$-2.60 Million ≈ $-1.88 Million |
15.903x | +2560.98% |
| 2018-12-31 | CA$-1.26 Million ≈ $-909.22K |
CA$-751.18K ≈ $-543.39K |
0.598x | -97.17% |
| 2017-12-31 | CA$-100.39K ≈ $-72.62K |
CA$-2.12 Million ≈ $-1.54 Million |
21.146x | +26118.11% |
| 2016-12-31 | CA$-709.84K ≈ $-513.49K |
CA$-57.25K ≈ $-41.41K |
0.081x | +105.48% |
| 2015-12-31 | CA$-1.51 Million ≈ $-1.10 Million |
CA$-59.43K ≈ $-42.99K |
0.039x | -85.51% |
| 2014-12-31 | CA$-403.29K ≈ $-291.73K |
CA$-109.28K ≈ $-79.05K |
0.271x | -98.72% |
| 2013-12-31 | CA$-114.14K ≈ $-82.56K |
CA$-2.41 Million ≈ $-1.74 Million |
21.115x | +42017.74% |
| 2012-12-31 | CA$27.69 Million ≈ $20.03 Million |
CA$-1.39 Million ≈ $-1.01 Million |
-0.050x | -111.99% |
| 2011-12-31 | CA$21.65 Million ≈ $15.66 Million |
CA$-514.47K ≈ $-372.16K |
-0.024x | +71.40% |
| 2010-12-31 | CA$22.82 Million ≈ $16.51 Million |
CA$-1.90 Million ≈ $-1.37 Million |
-0.083x | -98.41% |
| 2009-12-31 | CA$18.21 Million ≈ $13.17 Million |
CA$-762.24K ≈ $-551.39K |
-0.042x | +33.74% |
| 2008-12-31 | CA$16.03 Million ≈ $11.60 Million |
CA$-1.01 Million ≈ $-732.70K |
-0.063x | -217.19% |
| 2007-12-31 | CA$20.55 Million ≈ $14.87 Million |
CA$-409.36K ≈ $-296.12K |
-0.020x | +79.02% |
| 2006-12-31 | CA$5.85 Million ≈ $4.23 Million |
CA$-555.58K ≈ $-401.90K |
-0.095x | +15.74% |
| 2005-12-31 | CA$3.90 Million ≈ $2.82 Million |
CA$-439.85K ≈ $-318.18K |
-0.113x | -21.42% |
| 2004-12-31 | CA$3.05 Million ≈ $2.21 Million |
CA$-283.27K ≈ $-204.91K |
-0.093x | +19.73% |
| 2003-12-31 | CA$2.04 Million ≈ $1.48 Million |
CA$-235.94K ≈ $-170.67K |
-0.116x | +99.47% |
| 2002-12-31 | CA$15.39K ≈ $11.13K |
CA$-338.43K ≈ $-244.81K |
-21.994x | -3277.74% |
| 2001-12-31 | CA$-298.72K ≈ $-216.09K |
CA$-206.76K ≈ $-149.56K |
0.692x | -- |
About MacDonald Mines Exploration Ltd
MacDonald Mines Exploration Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, silver, copper, cobalt, and nickel deposits. It owns 100% interests in the Scadding-Powerline-Jovan project that covers an area of 19,455 hectares located in the southeast of the prolific Sudbury Mining Camp in Northern Ontario; and th… Read more