Midland Exploration Inc (MD) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Midland Exploration Inc (MD) has a cash flow conversion efficiency ratio of -0.011x 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$-517.47K) by net assets (CA$46.34 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Midland Exploration Inc - Cash Flow Conversion Efficiency Trend (2006–2025)
This chart illustrates how Midland Exploration Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
GFG Resources Inc
V:GFG
|
-0.012x |
|
Network-1 Technologies Inc
NYSE MKT:NTIP
|
-0.003x |
|
Formetal Co. Ltd
KQ:119500
|
0.030x |
|
Digital Workforce Services Oyj
HE:DWF
|
-0.074x |
|
S P V I Public Company Limited
BK:SPVI
|
0.213x |
|
FACB Industries Incorporated
KLSE:2984
|
-0.007x |
|
Neuroone Medical Technologies Corp
NASDAQ:NMTC
|
-0.216x |
|
EDA Group Holdings Limited
F:7OZ
|
N/A |
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.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-09-30 | CA$44.53 Million | CA$-2.34 Million | -0.052x | -29.78% |
| 2024-09-30 | CA$39.52 Million | CA$-1.60 Million | -0.040x | -245.97% |
| 2023-09-30 | CA$39.78 Million | CA$-464.72K | -0.012x | +62.55% |
| 2022-09-30 | CA$38.29 Million | CA$-1.19 Million | -0.031x | +0.70% |
| 2021-09-30 | CA$38.34 Million | CA$-1.20 Million | -0.031x | +4.88% |
| 2020-09-30 | CA$37.50 Million | CA$-1.24 Million | -0.033x | -112.85% |
| 2019-09-30 | CA$37.56 Million | CA$-582.71K | -0.016x | +56.45% |
| 2018-09-30 | CA$29.11 Million | CA$-1.04 Million | -0.036x | +19.49% |
| 2017-09-30 | CA$25.66 Million | CA$-1.14 Million | -0.044x | +5.39% |
| 2016-09-30 | CA$23.80 Million | CA$-1.11 Million | -0.047x | -9.82% |
| 2015-09-30 | CA$23.60 Million | CA$-1.00 Million | -0.043x | -734.97% |
| 2014-09-30 | CA$9.03 Million | CA$-46.06K | -0.005x | +92.92% |
| 2013-09-30 | CA$9.61 Million | CA$-692.30K | -0.072x | -45.14% |
| 2012-09-30 | CA$7.73 Million | CA$-383.75K | -0.050x | +67.43% |
| 2011-09-30 | CA$7.20 Million | CA$-1.10 Million | -0.152x | -6.46% |
| 2010-09-30 | CA$6.51 Million | CA$-931.36K | -0.143x | +31.47% |
| 2009-09-30 | CA$4.65 Million | CA$-970.79K | -0.209x | -83.31% |
| 2008-09-30 | CA$4.53 Million | CA$-515.55K | -0.114x | -48.90% |
| 2007-09-30 | CA$4.61 Million | CA$-352.97K | -0.077x | +62.53% |
| 2006-09-30 | CA$608.38K | CA$-124.23K | -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.