MINDs Lab Inc. (377480) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.082x

Based on the latest financial reports, MINDs Lab Inc. (377480) has a cash flow conversion efficiency ratio of -0.082x 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 (₩-2.13 Billion ≈ $-1.44 Million USD) by net assets (₩25.84 Billion ≈ $17.51 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See operational self-sufficiency of MINDs Lab Inc. to measure how many days the company can operate on defensive assets alone.

MINDs Lab Inc. - Cash Flow Conversion Efficiency Trend (2019–2024)

This chart illustrates how MINDs Lab Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.

MINDs Lab Inc. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of MINDs Lab Inc. ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Youngbo Chem KO:014440	0.027x
Transpaco Ltd JSE:TPC	0.044x
Jade Gas Holdings Ltd AU:JGH	-0.048x
Best Agrolife Limited NSE:BESTAGRO	N/A
Chang Ho Fibre Corp TW:1468	0.022x
Annovis Bio Inc NYSE:ANVS	-0.530x
ALBIS Leasing AG XETRA:ALG	-0.083x
CBAK Energy Technology Inc NASDAQ:CBAT	0.000x

Annual Cash Flow Conversion Efficiency for MINDs Lab Inc. (2019–2024)

The table below shows the annual cash flow conversion efficiency of MINDs Lab Inc. from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see 377480 stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	₩13.24 Billion ≈ $8.97 Million	₩-5.14 Billion ≈ $-3.48 Million	-0.388x	-2964.42%
2023-12-31	₩20.06 Billion ≈ $13.59 Million	₩271.96 Million ≈ $184.31K	0.014x	+108.52%
2022-12-31	₩25.58 Billion ≈ $17.33 Million	₩-4.07 Billion ≈ $-2.76 Million	-0.159x	+23.57%
2021-12-31	₩29.79 Billion ≈ $20.19 Million	₩-6.20 Billion ≈ $-4.20 Million	-0.208x	-646.14%
2020-12-31	₩-54.74 Billion ≈ $-37.10 Million	₩-2.09 Billion ≈ $-1.41 Million	0.038x	-2.53%
2019-12-31	₩-34.84 Billion ≈ $-23.61 Million	₩-1.36 Billion ≈ $-923.20K	0.039x	--

About MINDs Lab Inc.

KQ:377480 Korea Software - Application

Market Cap

$60.65 Million

₩89.50 Billion KRW

Market Cap Rank

#21204 Global

#1215 in Korea

Share Price

₩12590.00

Change (1 day)

-3.15%

52-Week Range

₩12540.00 - ₩25650.00

All Time High

₩38600.00