Minnova Corp (MCI) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Minnova Corp (MCI) has a cash flow conversion efficiency ratio of 0.884x as of December 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$-1.92 Million ≈ $-1.39 Million USD) by net assets (CA$-2.17 Million ≈ $-1.57 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is Minnova Corp's balance sheet to measure how much of total assets are equity-financed.
Minnova Corp - Cash Flow Conversion Efficiency Trend (2008–2025)
This chart illustrates how Minnova Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check MCI cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Minnova Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Minnova Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
iZafe Group AB Series B
ST:IZAFE-B
|
-0.190x |
|
Quality Concrete Holdings Bhd
KLSE:7544
|
-0.059x |
|
US Copper Corp
V:USCU
|
-0.153x |
|
Manganese X Energy Corp
V:MN
|
-0.220x |
|
PRI EKOPARK SA ZY -10
F:NPA
|
0.542x |
|
Recharge Metals Ltd
AU:REC
|
-0.040x |
|
Digital Currency X Technology Inc.
NASDAQ:DCX
|
-0.005x |
|
Mgenplus Co. Ltd.
KQ:032790
|
-0.096x |
Annual Cash Flow Conversion Efficiency for Minnova Corp (2008–2025)
The table below shows the annual cash flow conversion efficiency of Minnova Corp from 2008 to 2025. For the full company profile with market capitalisation and key ratios, see MCI stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | CA$-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