Midland Exploration Inc Cash Flow Conversion Efficiency
Midland Exploration Inc cash flow conversion efficiency. Based on the latest financial reports, Midland Exploration Inc (MD) has a cash flow conversion efficiency ratio of -0.018x as of March 2026. 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$-831.38K ≈ $-601.40K USD) by net assets (CA$46.12 Million ≈ $33.36 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Midland Exploration Inc (2006–2025)
Cash flow conversion efficiency of Midland Exploration Inc from 2006 to 2025. This chart illustrates how Midland Exploration Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Midland Exploration Inc share price for real-time trading data and today's change.
Midland Exploration Inc Cash Flow Conversion Ratio Explained
Midland Exploration Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Midland Exploration Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Midland Exploration Inc ranked by their cash flow conversion efficiency. Also see Midland Exploration Inc market cap and net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ktop Reit
KO:145270
|
0.014x |
|
Tikun Olam Cannbit Pharmaceuticals Ltd
TA:TKUN
|
0.221x |
|
Osangjaiel Co. Ltd
KQ:053980
|
0.051x |
|
Berlina Tbk
JK:BRNA
|
0.000x |
|
Pico (Thailand) Public Company Limited
BK:PICO
|
-0.070x |
|
NPD Co. Ltd
KQ:198080
|
0.037x |
|
Tons Lightology
TWO:4972
|
-0.012x |
|
Aquaron Acquisition Corp. Common Stock
NASDAQ:AQU
|
-0.032x |
Annual Cash Flow Conversion Efficiency for Midland Exploration Inc (2006–2025)
The table below shows the annual cash flow conversion efficiency of Midland Exploration Inc from 2006 to 2025. Review Midland Exploration Inc free cash flow efficiency to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-09-30 | CA$44.53 Million ≈ $32.21 Million |
CA$-2.34 Million ≈ $-1.69 Million |
-0.052x | -29.78% |
| 2024-09-30 | CA$39.52 Million ≈ $28.59 Million |
CA$-1.60 Million ≈ $-1.16 Million |
-0.040x | -245.97% |
| 2023-09-30 | CA$39.78 Million ≈ $28.78 Million |
CA$-464.72K ≈ $-336.17K |
-0.012x | +62.55% |
| 2022-09-30 | CA$38.29 Million ≈ $27.70 Million |
CA$-1.19 Million ≈ $-864.01K |
-0.031x | +0.70% |
| 2021-09-30 | CA$38.34 Million ≈ $27.74 Million |
CA$-1.20 Million ≈ $-871.17K |
-0.031x | +4.88% |
| 2020-09-30 | CA$37.50 Million ≈ $27.13 Million |
CA$-1.24 Million ≈ $-895.91K |
-0.033x | -112.85% |
| 2019-09-30 | CA$37.56 Million ≈ $27.17 Million |
CA$-582.71K ≈ $-421.52K |
-0.016x | +56.45% |
| 2018-09-30 | CA$29.11 Million ≈ $21.06 Million |
CA$-1.04 Million ≈ $-750.14K |
-0.036x | +19.49% |
| 2017-09-30 | CA$25.66 Million ≈ $18.56 Million |
CA$-1.14 Million ≈ $-821.24K |
-0.044x | +5.39% |
| 2016-09-30 | CA$23.80 Million ≈ $17.21 Million |
CA$-1.11 Million ≈ $-804.98K |
-0.047x | -9.82% |
| 2015-09-30 | CA$23.60 Million ≈ $17.07 Million |
CA$-1.00 Million ≈ $-726.86K |
-0.043x | -734.97% |
| 2014-09-30 | CA$9.03 Million ≈ $6.53 Million |
CA$-46.06K ≈ $-33.32K |
-0.005x | +92.92% |
| 2013-09-30 | CA$9.61 Million ≈ $6.95 Million |
CA$-692.30K ≈ $-500.80K |
-0.072x | -45.14% |
| 2012-09-30 | CA$7.73 Million ≈ $5.59 Million |
CA$-383.75K ≈ $-277.60K |
-0.050x | +67.43% |
| 2011-09-30 | CA$7.20 Million ≈ $5.21 Million |
CA$-1.10 Million ≈ $-793.55K |
-0.152x | -6.46% |
| 2010-09-30 | CA$6.51 Million ≈ $4.71 Million |
CA$-931.36K ≈ $-673.73K |
-0.143x | +31.47% |
| 2009-09-30 | CA$4.65 Million ≈ $3.36 Million |
CA$-970.79K ≈ $-702.26K |
-0.209x | -83.31% |
| 2008-09-30 | CA$4.53 Million ≈ $3.27 Million |
CA$-515.55K ≈ $-372.94K |
-0.114x | -48.90% |
| 2007-09-30 | CA$4.61 Million ≈ $3.34 Million |
CA$-352.97K ≈ $-255.33K |
-0.077x | +62.53% |
| 2006-09-30 | CA$608.38K ≈ $440.09K |
CA$-124.23K ≈ $-89.87K |
-0.204x | -- |
About Midland Exploration Inc
Midland Exploration Inc., a mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for gold, copper, zinc, nickel, cobalt, PGE, silver, lithium, molybdenum, lead, and bismuth deposits. The company was incorporated in 1995 and is headquartered in Montreal, Canada.