Mkango Resources Ltd (MKA) - Cash Flow Conversion Efficiency

Latest as of March 2026: 3.481x

Based on the latest financial reports, Mkango Resources Ltd (MKA) has a cash flow conversion efficiency ratio of 3.481x 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$-1.59 Million ≈ $-1.15 Million USD) by net assets (CA$-457.75K ≈ $-331.13K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Mkango Resources Ltd (MKA) balance sheet quality index to measure how much of total assets are equity-financed.

Mkango Resources Ltd - Cash Flow Conversion Efficiency Trend (2008–2025)

This chart illustrates how Mkango Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Mkango Resources Ltd earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

Mkango Resources Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Mkango Resources Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Vietnam Container Shipping JSC VN:VSC	-0.101x
Intai Technology TWO:4163	0.039x
TOYO Co., Ltd Ordinary Shares NASDAQ:TOYO	0.285x
Legal & General Group PLC LSE:LGEN	2.275x
Dynamix Corporation III Class A Ordinary Shares NASDAQ:DNMX	-0.003x
Kwong Lung Enterprise Co Ltd TWO:8916	0.073x
Nasmed Ozel Saglik Hizmetleri Ticaret AS IS:EGEPO	0.093x
Solara Active Pharma Sciences Limited NSE:SOLARA	0.059x

Annual Cash Flow Conversion Efficiency for Mkango Resources Ltd (2008–2025)

The table below shows the annual cash flow conversion efficiency of Mkango Resources Ltd from 2008 to 2025. For the full company profile with market capitalisation and key ratios, see MKA market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CA$-665.11K ≈ $-481.13K	CA$-4.22 Million ≈ $-3.05 Million	6.344x	+2011.13%
2024-12-31	CA$6.43 Million ≈ $4.65 Million	CA$-2.14 Million ≈ $-1.54 Million	-0.332x	+57.45%
2023-12-31	CA$4.56 Million ≈ $3.30 Million	CA$-3.56 Million ≈ $-2.57 Million	-0.780x	-117.70%
2022-12-31	CA$-1.17 Million ≈ $-843.55K	CA$-5.14 Million ≈ $-3.72 Million	4.407x	+347.32%
2021-12-31	CA$4.00 Million ≈ $2.90 Million	CA$-7.14 Million ≈ $-5.16 Million	-1.782x	-131.97%
2020-12-31	CA$5.49 Million ≈ $3.97 Million	CA$-4.22 Million ≈ $-3.05 Million	-0.768x	-100.32%
2019-12-31	CA$9.31 Million ≈ $6.74 Million	CA$-3.57 Million ≈ $-2.58 Million	-0.383x	+93.99%
2018-12-31	CA$1.14 Million ≈ $824.97K	CA$-7.27 Million ≈ $-5.26 Million	-6.377x	-1332.81%
2017-12-31	CA$-1.25 Million ≈ $-906.66K	CA$-648.30K ≈ $-468.97K	0.517x	-76.17%
2016-12-31	CA$-441.63K ≈ $-319.47K	CA$-958.68K ≈ $-693.50K	2.171x	+123.60%
2015-12-31	CA$-731.81K ≈ $-529.38K	CA$-710.48K ≈ $-513.95K	0.971x	-21.26%
2014-12-31	CA$-1.68 Million ≈ $-1.22 Million	CA$-2.08 Million ≈ $-1.50 Million	1.233x	+118.34%
2013-12-31	CA$297.32K ≈ $215.08K	CA$-2.00 Million ≈ $-1.45 Million	-6.724x	+40.56%
2012-12-31	CA$304.72K ≈ $220.43K	CA$-3.45 Million ≈ $-2.49 Million	-11.312x	-735.34%
2011-12-31	CA$2.78 Million ≈ $2.01 Million	CA$-3.76 Million ≈ $-2.72 Million	-1.354x	-12637.59%
2010-12-31	CA$6.65 Million ≈ $4.81 Million	CA$71.88K ≈ $52.00K	0.011x	+110.96%
2009-12-31	CA$326.14K ≈ $235.92K	CA$-32.14K ≈ $-23.25K	-0.099x	+48.42%
2008-12-31	CA$307.02K ≈ $222.09K	CA$-58.65K ≈ $-42.43K	-0.191x	--

About Mkango Resources Ltd

V:MKA Canada Other Industrial Metals & Mining

Market Cap

$201.88 Million

CA$279.07 Million CAD

Market Cap Rank

#16459 Global

#504 in Canada

Share Price

CA$0.72

Change (1 day)

+2.86%

52-Week Range

CA$0.60 - CA$3.01

All Time High

CA$3.01