Millennial Potash Corp. (MLP) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Millennial Potash Corp. (MLP) has a cash flow conversion efficiency ratio of -0.041x as of February 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$-2.04 Million ≈ $-1.47 Million USD) by net assets (CA$49.66 Million ≈ $35.92 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See net asset quality index of Millennial Potash Corp. to measure how much of total assets are equity-financed.
Millennial Potash Corp. - Cash Flow Conversion Efficiency Trend (2020–2025)
This chart illustrates how Millennial Potash Corp.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check MLP total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Millennial Potash Corp. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Millennial Potash Corp. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
IM Vinaria Purcari SRL
RO:WINE
|
-0.032x |
|
Schaffer Corporation Ltd
AU:SFC
|
0.049x |
|
Samart Corporation Public Company Limited
BK:SAMART
|
0.220x |
|
Able C&C
KO:078520
|
0.077x |
|
Allpark Empreendimentos Participações e Serviços S.A
SA:ALPK3
|
1.176x |
|
Kao Hsiung Chang Iron & Steel Corp
TW:2008
|
-0.001x |
|
Melar Acquisition Corp. I Unit
NASDAQ:MACIU
|
-0.001x |
|
ADF Group Inc.
TO:DRX
|
0.049x |
Annual Cash Flow Conversion Efficiency for Millennial Potash Corp. (2020–2025)
The table below shows the annual cash flow conversion efficiency of Millennial Potash Corp. from 2020 to 2025. For the full company profile with market capitalisation and key ratios, see Millennial Potash Corp. market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-08-31 | CA$32.50 Million ≈ $23.51 Million |
CA$-1.95 Million ≈ $-1.41 Million |
-0.060x | +53.86% |
| 2024-08-31 | CA$11.67 Million ≈ $8.44 Million |
CA$-1.52 Million ≈ $-1.10 Million |
-0.130x | +75.68% |
| 2023-08-31 | CA$6.43 Million ≈ $4.65 Million |
CA$-3.43 Million ≈ $-2.48 Million |
-0.534x | -270.45% |
| 2022-08-31 | CA$4.79 Million ≈ $3.47 Million |
CA$-690.88K ≈ $-499.77K |
-0.144x | +60.01% |
| 2021-08-31 | CA$4.82 Million ≈ $3.49 Million |
CA$-1.74 Million ≈ $-1.26 Million |
-0.360x | +81.19% |
| 2020-08-31 | CA$35.39K ≈ $25.60K |
CA$-67.83K ≈ $-49.07K |
-1.917x | -- |
About Millennial Potash Corp.
Millennial Potash Corp. engages in the acquisition, exploration, and development of mineral properties with a primary focus on potash deposits. It holds an option to acquire a 100% interest in the Banio Potash project located on the Atlantic coast of Gabon, Western Africa. The company was formerly known as Black Mountain Gold USA Corp. and changed its name to Millennial Potash Corp. in January 20… Read more