Mako Mining Corp (MKO) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Mako Mining Corp (MKO) has a cash flow conversion efficiency ratio of 0.047x 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$4.60 Million) by net assets (CA$97.87 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Mako Mining Corp - Cash Flow Conversion Efficiency Trend (2004–2024)
This chart illustrates how Mako Mining Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Mako Mining Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mako Mining Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Franklin BSP Realty Trust Inc
NYSE:FBRT
|
0.192x |
|
Brilliance Technology Co Ltd
SHE:300542
|
-0.162x |
|
Paras Defence and Space Technologies Limited
NSE:PARAS
|
0.001x |
|
Hangzhou Arcvideo Technology Co Ltd
SHG:688039
|
0.004x |
|
Atal SA
WAR:1AT
|
-0.098x |
|
Cubic Sensor and Instrument Co Ltd
SHG:688665
|
0.041x |
|
AEON Thana Sinsap (Thailand) Public Company Limited
BK:AEONTS
|
0.055x |
|
WEIMOB INC. DL-0001
F:36W
|
-0.164x |
Annual Cash Flow Conversion Efficiency for Mako Mining Corp (2004–2024)
The table below shows the annual cash flow conversion efficiency of Mako Mining Corp from 2004 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$76.92 Million | CA$34.45 Million | 0.448x | -25.92% |
| 2023-12-31 | CA$20.63 Million | CA$12.47 Million | 0.605x | -49.55% |
| 2022-12-31 | CA$13.67 Million | CA$16.38 Million | 1.198x | +21868.98% |
| 2021-12-31 | CA$25.12 Million | CA$137.00K | 0.005x | +101.01% |
| 2020-12-31 | CA$16.91 Million | CA$-9.13 Million | -0.540x | -140.16% |
| 2018-12-31 | CA$-5.10 Million | CA$-6.85 Million | 1.344x | +6100.18% |
| 2017-12-31 | CA$30.13 Million | CA$-674.87K | -0.022x | -55.16% |
| 2016-12-31 | CA$30.39 Million | CA$-438.71K | -0.014x | +12.83% |
| 2015-12-31 | CA$25.89 Million | CA$-428.67K | -0.017x | +54.98% |
| 2014-12-31 | CA$23.44 Million | CA$-861.98K | -0.037x | -42.85% |
| 2013-12-31 | CA$21.04 Million | CA$-541.57K | -0.026x | +32.23% |
| 2012-12-31 | CA$18.08 Million | CA$-686.84K | -0.038x | +12.74% |
| 2011-12-31 | CA$14.01 Million | CA$-609.85K | -0.044x | -19.83% |
| 2010-12-31 | CA$10.74 Million | CA$-390.14K | -0.036x | +81.52% |
| 2009-12-31 | CA$1.40 Million | CA$-276.09K | -0.197x | +22.79% |
| 2008-12-31 | CA$980.12K | CA$-249.61K | -0.255x | +8.28% |
| 2007-12-31 | CA$1.46 Million | CA$-405.75K | -0.278x | -93.99% |
| 2006-12-31 | CA$3.01 Million | CA$-430.13K | -0.143x | +74.92% |
| 2005-12-31 | CA$417.77K | CA$-238.40K | -0.571x | -107.77% |
| 2004-12-31 | CA$435.73K | CA$-119.67K | -0.275x | -- |
About Mako Mining Corp
Mako Mining Corp. engages in gold mining and exploration activities in Nicaragua. Its primary asset is San Albino property located in Nueva Segovia, Nicaragua. The company was formerly known as Golden Reign Resources Ltd. and changed its name to Mako Mining Corp. in November 2018. Mako Mining Corp. was incorporated in 2004 and is based in Vancouver, Canada.