Metal Energy Corp (MERG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Metal Energy Corp (MERG) has a cash flow conversion efficiency ratio of 0.042x 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$-148.32K ≈ $-107.30K USD) by net assets (CA$-3.52 Million ≈ $-2.55 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Metal Energy Corp - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Metal Energy Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Metal Energy Corp total liabilities for a breakdown of total debt and financial obligations.
Metal Energy Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Metal Energy Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Coats Group PLC
LSE:COA
|
0.184x |
|
PJX Resources Inc
V:PJX
|
-0.754x |
|
Seven Principles AG
XETRA:T3T1
|
-0.092x |
|
YX Precious Metals Bhd
KLSE:0250
|
-0.046x |
|
Parkway Corporate Ltd
AU:PWN
|
-0.011x |
|
Mene Inc
V:MENE
|
0.048x |
|
Aqua Corporation Public Company Limited
BK:AQUA
|
0.005x |
|
Equippp Social Impact Technologies Limited
NSE:EQUIPPP
|
0.009x |
Annual Cash Flow Conversion Efficiency for Metal Energy Corp (2021–2024)
The table below shows the annual cash flow conversion efficiency of Metal Energy Corp from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Metal Energy Corp.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$-3.15 Million ≈ $-2.28 Million |
CA$-1.40 Million ≈ $-1.01 Million |
0.446x | +148.69% |
| 2023-12-31 | CA$1.76 Million ≈ $1.27 Million |
CA$-1.61 Million ≈ $-1.16 Million |
-0.915x | +48.27% |
| 2022-12-31 | CA$2.41 Million ≈ $1.74 Million |
CA$-4.26 Million ≈ $-3.08 Million |
-1.770x | -2098.39% |
| 2021-12-31 | CA$6.34 Million ≈ $4.59 Million |
CA$-510.74K ≈ $-369.46K |
-0.080x | -- |
About Metal Energy Corp
Metal Energy Corp. engages in the acquisition and exploration of mineral properties in Canada. It explores for lithium, nickel, copper, and cobalt deposits, as well as platinum group elements. The company holds interests in the Manibridge project that covers an area of approximately 4,368 hectares located in the Thompson Nickel Belt of Manitoba; and the Highland Valley Copper project situated in … Read more