mBank SA (MBK) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.739x

Based on the latest financial reports, mBank SA (MBK) has a cash flow conversion efficiency ratio of -0.739x as of March 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 (zł-16.49 Billion ≈ $-4.54 Billion USD) by net assets (zł22.33 Billion ≈ $6.15 Billion 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 mBank SA to measure how much of total assets are equity-financed.

mBank SA - Cash Flow Conversion Efficiency Trend (2002–2025)

This chart illustrates how mBank SA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is mBank SA's earnings quality to evaluate the quality of earnings relative to operating cash generation.

mBank SA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of mBank SA ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
ING Bank Śląski SA WAR:ING	0.906x
Yangtze Optical Fibre and Cable Joint Stock Ltd Co SHG:601869	0.097x
Annaly Capital Management, Inc. NYSE:NLY	-0.086x
Jentech Precision Industrial Co Ltd TW:3653	0.065x
Tech Mahindra Limited NSE:TECHM	0.105x
Neste Oil Oyj HE:NESTE	0.028x
Wartsila Oyj Abp HE:WRT1V	0.166x
Invitation Homes Inc NYSE:INVH	0.013x

Annual Cash Flow Conversion Efficiency for mBank SA (2002–2025)

The table below shows the annual cash flow conversion efficiency of mBank SA from 2002 to 2025. For the full company profile with market capitalisation and key ratios, see market value of mBank SA.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	zł21.41 Billion ≈ $5.89 Billion	zł3.94 Billion ≈ $1.08 Billion	0.184x	+667.48%
2024-12-31	zł17.77 Billion ≈ $4.89 Billion	zł425.77 Million ≈ $117.18 Million	0.024x	-95.93%
2023-12-31	zł13.74 Billion ≈ $3.78 Billion	zł8.09 Billion ≈ $2.23 Billion	0.589x	-6.75%
2022-12-31	zł12.72 Billion ≈ $3.50 Billion	zł8.03 Billion ≈ $2.21 Billion	0.631x	-19.84%
2021-12-31	zł13.72 Billion ≈ $3.78 Billion	zł10.80 Billion ≈ $2.97 Billion	0.788x	+574.00%
2020-12-31	zł16.47 Billion ≈ $4.53 Billion	zł-2.74 Billion ≈ $-753.04 Million	-0.166x	-337.72%
2019-12-31	zł16.15 Billion ≈ $4.45 Billion	zł1.13 Billion ≈ $310.73 Million	0.070x	-6.11%
2018-12-31	zł15.22 Billion ≈ $4.19 Billion	zł1.13 Billion ≈ $311.75 Million	0.074x	+137.26%
2017-12-31	zł14.29 Billion ≈ $3.93 Billion	zł-2.86 Billion ≈ $-785.80 Million	-0.200x	-131.20%
2016-12-31	zł13.05 Billion ≈ $3.59 Billion	zł8.36 Billion ≈ $2.30 Billion	0.640x	+11.57%
2015-12-31	zł12.27 Billion ≈ $3.38 Billion	zł7.05 Billion ≈ $1.94 Billion	0.574x	+1218.84%
2014-12-31	zł11.07 Billion ≈ $3.05 Billion	zł481.92 Million ≈ $132.63 Million	0.044x	+151.22%
2013-12-31	zł10.26 Billion ≈ $2.82 Billion	zł-871.52 Million ≈ $-239.86 Million	-0.085x	-123.23%
2012-12-31	zł9.71 Billion ≈ $2.67 Billion	zł3.55 Billion ≈ $977.44 Million	0.366x	+85.13%
2011-12-31	zł8.07 Billion ≈ $2.22 Billion	zł1.59 Billion ≈ $438.96 Million	0.198x	+185.19%
2010-12-31	zł7.08 Billion ≈ $1.95 Billion	zł-1.64 Billion ≈ $-451.72 Million	-0.232x	-47.67%
2009-12-31	zł4.27 Billion ≈ $1.18 Billion	zł-670.77 Million ≈ $-184.61 Million	-0.157x	+92.27%
2008-12-31	zł3.89 Billion ≈ $1.07 Billion	zł-7.91 Billion ≈ $-2.18 Billion	-2.031x	-40.25%
2007-12-31	zł3.08 Billion ≈ $847.70 Million	zł-4.46 Billion ≈ $-1.23 Billion	-1.448x	-75.77%
2006-12-31	zł2.35 Billion ≈ $647.60 Million	zł-1.94 Billion ≈ $-533.66 Million	-0.824x	+19.70%
2005-12-31	zł2.11 Billion ≈ $580.28 Million	zł-2.16 Billion ≈ $-595.53 Million	-1.026x	-515.61%
2004-12-31	zł1.92 Billion ≈ $529.77 Million	zł475.34 Million ≈ $130.82 Million	0.247x	-82.83%
2003-12-31	zł1.70 Billion ≈ $466.77 Million	zł2.44 Billion ≈ $671.47 Million	1.439x	+257.19%
2002-12-31	zł1.70 Billion ≈ $468.39 Million	zł-1.56 Billion ≈ $-428.65 Million	-0.915x	--

About mBank SA

WAR:MBK Poland Banks - Regional

Market Cap

$15.82 Billion

zł57.47 Billion PLN

Market Cap Rank

#1554 Global

#9 in Poland

Share Price

zł1351.50

Change (1 day)

-0.26%

52-Week Range

zł861.00 - zł1457.00

All Time High

zł1457.00