Mirasol Resources Ltd (MRZ) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Mirasol Resources Ltd (MRZ) has a cash flow conversion efficiency ratio of 0.915x 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$-1.10 Million ≈ $-792.88K USD) by net assets (CA$-1.20 Million ≈ $-866.76K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see MRZ stock market capitalisation for the company's overall valuation and market capitalisation.
Mirasol Resources Ltd - Cash Flow Conversion Efficiency Trend (2004–2024)
This chart illustrates how Mirasol Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Mirasol Resources Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mirasol Resources Ltd ranked by their cash flow conversion efficiency. Explore Mirasol Resources Ltd (MRZ) cash flow quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
White Energy Company Ltd
AU:WEC
|
0.030x |
|
Union Plastic Public Company Limited
BK:UP
|
-0.006x |
|
Law Debenture Corp
LSE:LWDB
|
0.023x |
|
Dong Il Steel MFG Co Ltd
KO:002690
|
0.023x |
|
KineMaster Corporation
KQ:139670
|
0.039x |
|
Clean Seas Seafood Ltd.
OL:CSS
|
-0.009x |
|
TOPBI International Holdings Ltd
TW:2929
|
-0.042x |
|
Newretail Co Ltd
TWO:3085
|
-0.054x |
Annual Cash Flow Conversion Efficiency for Mirasol Resources Ltd (2004–2024)
The table below shows the annual cash flow conversion efficiency of Mirasol Resources Ltd from 2004 to 2024. View today's stock price for Mirasol Resources Ltd for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | CA$3.69 Million ≈ $2.67 Million |
CA$-8.31 Million ≈ $-6.01 Million |
-2.254x | -144.40% |
| 2023-06-30 | CA$9.31 Million ≈ $6.73 Million |
CA$-8.58 Million ≈ $-6.21 Million |
-0.922x | -42.52% |
| 2022-06-30 | CA$7.80 Million ≈ $5.64 Million |
CA$-5.05 Million ≈ $-3.65 Million |
-0.647x | -52.47% |
| 2021-06-30 | CA$12.33 Million ≈ $8.92 Million |
CA$-5.23 Million ≈ $-3.79 Million |
-0.424x | -18.88% |
| 2020-06-30 | CA$18.43 Million ≈ $13.33 Million |
CA$-6.58 Million ≈ $-4.76 Million |
-0.357x | -90.49% |
| 2019-06-30 | CA$23.91 Million ≈ $17.30 Million |
CA$-4.48 Million ≈ $-3.24 Million |
-0.187x | -52.68% |
| 2018-06-30 | CA$29.57 Million ≈ $21.39 Million |
CA$-3.63 Million ≈ $-2.63 Million |
-0.123x | +55.12% |
| 2017-06-30 | CA$24.54 Million ≈ $17.75 Million |
CA$-6.71 Million ≈ $-4.86 Million |
-0.274x | -83.68% |
| 2016-06-30 | CA$20.63 Million ≈ $14.92 Million |
CA$-3.07 Million ≈ $-2.22 Million |
-0.149x | +43.14% |
| 2015-06-30 | CA$25.87 Million ≈ $18.71 Million |
CA$-6.77 Million ≈ $-4.90 Million |
-0.262x | +36.60% |
| 2014-06-30 | CA$33.46 Million ≈ $24.20 Million |
CA$-13.82 Million ≈ $-10.00 Million |
-0.413x | -113.71% |
| 2013-06-30 | CA$45.65 Million ≈ $33.03 Million |
CA$-8.82 Million ≈ $-6.38 Million |
-0.193x | +84.86% |
| 2012-06-30 | CA$9.90 Million ≈ $7.16 Million |
CA$-12.64 Million ≈ $-9.14 Million |
-1.277x | -97.47% |
| 2011-06-30 | CA$9.73 Million ≈ $7.04 Million |
CA$-6.29 Million ≈ $-4.55 Million |
-0.646x | -50.40% |
| 2010-06-30 | CA$5.16 Million ≈ $3.73 Million |
CA$-2.22 Million ≈ $-1.61 Million |
-0.430x | +14.10% |
| 2009-06-30 | CA$3.67 Million ≈ $2.66 Million |
CA$-1.84 Million ≈ $-1.33 Million |
-0.500x | -41.10% |
| 2008-06-30 | CA$5.51 Million ≈ $3.98 Million |
CA$-1.95 Million ≈ $-1.41 Million |
-0.355x | -45.42% |
| 2007-06-30 | CA$6.99 Million ≈ $5.06 Million |
CA$-1.70 Million ≈ $-1.23 Million |
-0.244x | -93.21% |
| 2006-06-30 | CA$6.28 Million ≈ $4.55 Million |
CA$-793.14K ≈ $-573.74K |
-0.126x | +68.38% |
| 2005-06-30 | CA$1.51 Million ≈ $1.09 Million |
CA$-603.71K ≈ $-436.71K |
-0.399x | +35.87% |
| 2004-06-30 | CA$334.26K ≈ $241.80K |
CA$-208.08K ≈ $-150.52K |
-0.623x | -- |
About Mirasol Resources Ltd
Mirasol Resources Ltd. engages in the acquisition and exploration of mineral properties in Chile and Argentina. The company explores for gold, silver, and copper deposits. Its flagship project is the Sobek Cu project, which covers an area of s 14,240 hectares located in northern Chile. Mirasol Resources Ltd. was incorporated in 2003 and is headquartered in Vancouver, Canada.