Mkango Resources Ltd (MKA) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.940x

Based on the latest financial reports, Mkango Resources Ltd (MKA) has a cash flow conversion efficiency ratio of 0.940x 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$-1.59 Million ≈ $-1.15 Million USD) by net assets (CA$-1.69 Million ≈ $-1.22 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Mkango Resources Ltd - Cash Flow Conversion Efficiency Trend (2008–2024)

This chart illustrates how Mkango Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read MKA total debt and obligations for a breakdown of total debt and financial obligations.

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
029 GROUP SE INH O.N. XETRA:Z29	N/A
Bakkt Holdings Inc NYSE:BKKT	-0.363x
Gelecek Varlik Yonetimi AS IS:GLCVY	0.092x
CANAAN INC SP.ADR CL.A F:35J	N/A
Bursa Cimento Fabrikasi AS IS:BUCIM	0.068x
China Rare Earth Holdings Limited F:RAE	-0.063x
KlaraBo Sverige AB Series B ST:KLARA-B	0.010x
Hinduja Global Solutions Limited NSE:HGS	0.011x

Annual Cash Flow Conversion Efficiency for Mkango Resources Ltd (2008–2024)

The table below shows the annual cash flow conversion efficiency of Mkango Resources Ltd from 2008 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Mkango Resources Ltd worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
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

$205.95 Million

CA$284.70 Million CAD

Market Cap Rank

#16428 Global

#502 in Canada

Share Price

CA$0.82

Change (1 day)

-1.20%

52-Week Range

CA$0.28 - CA$3.01

All Time High

CA$3.01