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. See debt-free asset ratio of Mirasol Resources Ltd to measure how much of total assets are equity-financed.
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. Check earnings quality score of Mirasol Resources Ltd to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Secuve Co. Ltd
KQ:131090
|
0.065x |
|
White Energy Company Ltd
AU:WEC
|
0.030x |
|
PLS Plantations Bhd
KLSE:9695
|
-0.002x |
|
The Byke Hospitality Ltd
NSE:BYKE
|
0.072x |
|
Clean Seas Seafood Ltd.
OL:CSS
|
-0.009x |
|
MegaMD Co. Ltd
KQ:133750
|
-0.005x |
|
Southern Fertilizer JSC
VN:SFG
|
0.325x |
|
Przedsiebiorstwo Przemyslu Spozywczego PEPEES S.A.
WAR:PPS
|
0.132x |
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. For the full company profile with market capitalisation and key ratios, see how much is Mirasol Resources Ltd worth.
| 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.