Minnova Corp (MCI) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Minnova Corp (MCI) has a cash flow conversion efficiency ratio of 0.121x 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 (CA$-555.70K ≈ $-401.99K USD) by net assets (CA$-4.59 Million ≈ $-3.32 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how many days can Minnova Corp fund operations to measure how many days the company can operate on defensive assets alone.
Minnova Corp - Cash Flow Conversion Efficiency Trend (2008–2025)
This chart illustrates how Minnova Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Minnova Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Minnova Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Maggie Beer Holdings Ltd
AU:MBH
|
-0.265x |
|
OneSavings Bank PLC
LSE:OSB
|
-0.102x |
|
BRAINCOOL AB
F:5YL
|
-0.135x |
|
NanoViricides Inc
NYSE MKT:NNVC
|
-0.222x |
|
Hua Yang Bhd
KLSE:5062
|
-0.100x |
|
Lyckegard Group AB
ST:LYGRD
|
0.380x |
|
ALUMEXX N.V. NAM. EO-10
F:NE8F
|
N/A |
|
PPK Group Ltd
AU:PPK
|
-0.034x |
Annual Cash Flow Conversion Efficiency for Minnova Corp (2008–2025)
The table below shows the annual cash flow conversion efficiency of Minnova Corp from 2008 to 2025. For the full company profile with market capitalisation and key ratios, see MCI company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | CA$-5.03 Million ≈ $-3.64 Million |
CA$-65.82K ≈ $-47.61K |
0.013x | -62.79% |
| 2024-03-31 | CA$-4.38 Million ≈ $-3.17 Million |
CA$-154.05K ≈ $-111.44K |
0.035x | -80.67% |
| 2023-03-31 | CA$-4.04 Million ≈ $-2.92 Million |
CA$-736.46K ≈ $-532.75K |
0.182x | +983.37% |
| 2022-03-31 | CA$17.51 Million ≈ $12.67 Million |
CA$294.38K ≈ $212.95K |
0.017x | +240.07% |
| 2021-03-31 | CA$16.23 Million ≈ $11.74 Million |
CA$80.23K ≈ $58.04K |
0.005x | -75.47% |
| 2020-03-31 | CA$14.16 Million ≈ $10.25 Million |
CA$285.53K ≈ $206.55K |
0.020x | -28.90% |
| 2019-03-31 | CA$14.34 Million ≈ $10.37 Million |
CA$406.47K ≈ $294.04K |
0.028x | +146.24% |
| 2018-03-31 | CA$13.82 Million ≈ $10.00 Million |
CA$-847.44K ≈ $-613.03K |
-0.061x | -19.77% |
| 2017-03-31 | CA$12.98 Million ≈ $9.39 Million |
CA$-664.71K ≈ $-480.84K |
-0.051x | -15.63% |
| 2016-03-31 | CA$7.74 Million ≈ $5.60 Million |
CA$-342.46K ≈ $-247.73K |
-0.044x | -913.41% |
| 2015-03-31 | CA$7.58 Million ≈ $5.49 Million |
CA$41.28K ≈ $29.86K |
0.005x | +109.49% |
| 2014-03-31 | CA$7.85 Million ≈ $5.68 Million |
CA$-450.55K ≈ $-325.92K |
-0.057x | -3.71% |
| 2013-03-31 | CA$7.12 Million ≈ $5.15 Million |
CA$-394.23K ≈ $-285.18K |
-0.055x | +26.46% |
| 2012-03-31 | CA$10.71 Million ≈ $7.75 Million |
CA$-805.60K ≈ $-582.76K |
-0.075x | +45.82% |
| 2011-03-31 | CA$5.81 Million ≈ $4.20 Million |
CA$-806.32K ≈ $-583.28K |
-0.139x | +62.72% |
| 2010-03-31 | CA$85.63K ≈ $61.94K |
CA$-31.90K ≈ $-23.07K |
-0.373x | -135.90% |
| 2009-03-31 | CA$-19.51K ≈ $-14.11K |
CA$-20.25K ≈ $-14.64K |
1.038x | +774.84% |
| 2008-03-31 | CA$-67.93K ≈ $-49.14K |
CA$-8.06K ≈ $-5.83K |
0.119x | -- |
About Minnova Corp
Minnova Corp., together with its subsidiary, Minnova Renewable Energy, engages in the exploration and development of mineral properties in Canada. It primarily explores for gold. The company holds 100% interests in the PL Gold mine and the Nokomis property located in Manitoba. It also engages in the research and development of biomass gasification technology activities. The company was formerly k… Read more