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.

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. Read 377480 liabilities breakdown for a breakdown of total debt and financial obligations.

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
Drilling Tools International Corp. NASDAQ:DTI	0.082x
Emperor Energy Ltd AU:EMP	-0.062x
Optimax Holdings Sdn Bhd KLSE:0222	0.065x
Micro Digital Co. Ltd KQ:305090	-0.034x
Hoffmann Green Cement Technologies PA:ALHGR	-0.100x
Galantas Gold Corp V:GAL	0.074x
Iodm Ltd AU:IOD	1.084x
Stillwater Critical Minerals Corp V:PGE	-0.561x

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

$76.36 Million

₩112.67 Billion KRW

Market Cap Rank

#20227 Global

#1168 in Korea

Share Price

₩15850.00

Change (1 day)

-0.63%

52-Week Range

₩13140.00 - ₩26100.00

All Time High

₩38600.00