MITEK SYSTEMS
MITEK SYSTEMS operates in Diversified Metals & Mining.
MITEK SYSTEMS (MKQ) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.062x
Based on the latest financial reports, MITEK SYSTEMS (MKQ) has a cash flow conversion efficiency ratio of 0.062x as of June 2024.
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 (€12.98 Million) by net assets (€209.64 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
MITEK SYSTEMS - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how MITEK SYSTEMS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
MITEK SYSTEMS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of MITEK SYSTEMS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Cox ABG Group SA
MC:COXG
|
N/A |
|
NOVABASE
MU:NVQ
|
N/A |
|
Aquaron Acquisition Corp. Rights
NASDAQ:AQUNR
|
-0.032x |
|
WAG Payment Solutions PLC
LSE:WPS
|
0.305x |
|
TPT Strategic Inc
PINK:INOQ
|
N/A |
|
NEW AMSTER.INV. N.V. EO 1
F:4C4
|
N/A |
|
Amego Capital Corp.
V:MEGO-P
|
-0.029x |
|
QNATECHNO
WAR:QNA
|
N/A |
Annual Cash Flow Conversion Efficiency for MITEK SYSTEMS (2016–2023)
The table below shows the annual cash flow conversion efficiency of MITEK SYSTEMS from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-09-30 | €205.19 Million | €31.59 Million | 0.154x | +24.63% |
| 2022-09-30 | €170.98 Million | €21.12 Million | 0.124x | -36.21% |
| 2021-09-30 | €192.83 Million | €37.34 Million | 0.194x | +6.16% |
| 2020-09-30 | €132.24 Million | €24.12 Million | 0.182x | +37.39% |
| 2019-09-30 | €107.33 Million | €14.25 Million | 0.133x | +125.11% |
| 2018-09-30 | €95.39 Million | €5.63 Million | 0.059x | -65.33% |
| 2017-09-30 | €61.41 Million | €10.45 Million | 0.170x | -14.49% |
| 2016-09-30 | €39.48 Million | €7.85 Million | 0.199x | -- |