Midnight Sun Mining Corp (MMA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Midnight Sun Mining Corp (MMA) has a cash flow conversion efficiency ratio of -0.101x 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$-2.28 Million) by net assets (CA$22.61 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Midnight Sun Mining Corp - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Midnight Sun 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.
Midnight Sun Mining Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Midnight Sun Mining Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Microvision Inc
NASDAQ:MVIS
|
-0.277x |
|
Rubellite Energy Inc
TO:RBY
|
0.090x |
|
Hua Na Hydropower JSC
VN:HNA
|
0.116x |
|
Amtech Systems Inc
NASDAQ:ASYS
|
0.076x |
|
Maritime Resources Corp.
V:MAE
|
0.038x |
|
Bergbahnen Engelberg Truebsee Titlis Bet AG
SW:TIBN
|
0.062x |
|
Steel Pipe Industry Of Indonesia
JK:ISSP
|
0.086x |
|
Zur Shamir Holdings Ltd
TA:ZUR
|
-0.213x |
Annual Cash Flow Conversion Efficiency for Midnight Sun Mining Corp (2007–2024)
The table below shows the annual cash flow conversion efficiency of Midnight Sun Mining Corp from 2007 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$21.54 Million | CA$-2.90 Million | -0.135x | -9.91% |
| 2023-12-31 | CA$13.23 Million | CA$-1.62 Million | -0.123x | +44.20% |
| 2022-12-31 | CA$10.18 Million | CA$-2.24 Million | -0.220x | -419.71% |
| 2021-12-31 | CA$20.55 Million | CA$-869.15K | -0.042x | -11.23% |
| 2020-12-31 | CA$19.80 Million | CA$-753.05K | -0.038x | -536.26% |
| 2019-12-31 | CA$18.30 Million | CA$-109.39K | -0.006x | +94.15% |
| 2018-12-31 | CA$10.87 Million | CA$-1.11 Million | -0.102x | -98.47% |
| 2017-12-31 | CA$9.00 Million | CA$-463.45K | -0.051x | +54.58% |
| 2016-12-31 | CA$2.20 Million | CA$-249.08K | -0.113x | +65.64% |
| 2015-12-31 | CA$868.93K | CA$-286.64K | -0.330x | -89.04% |
| 2014-12-31 | CA$717.61K | CA$-125.22K | -0.175x | +66.26% |
| 2013-12-31 | CA$385.36K | CA$-199.29K | -0.517x | -160.91% |
| 2012-12-31 | CA$1.41 Million | CA$-279.06K | -0.198x | +77.88% |
| 2011-12-31 | CA$402.82K | CA$-360.98K | -0.896x | -171.47% |
| 2010-12-31 | CA$574.03K | CA$-189.49K | -0.330x | -4.64% |
| 2009-12-31 | CA$242.55K | CA$-76.51K | -0.315x | -88.29% |
| 2008-12-31 | CA$340.58K | CA$-57.06K | -0.168x | -191.48% |
| 2007-12-31 | CA$213.38K | CA$-12.27K | -0.057x | -- |
About Midnight Sun Mining Corp
Midnight Sun Mining Corp. acquires and explores mineral properties in Africa. The company primarily explores for copper, cobalt, nickel, and gold deposits. Its flagship project is the Solwezi Project located in Zambia. The company was formerly known as Midnight Sun Capital Corporation and changed its name to Midnight Sun Mining Corp. in February 2011. Midnight Sun Mining Corp. was incorporated in… Read more