MINDs Lab Inc. Cash Flow Conversion Efficiency

Latest as of September 2025: -0.082x

MINDs Lab Inc. cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of MINDs Lab Inc. from 2019 to 2024. This chart illustrates how MINDs Lab Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View 377480 live share price for real-time trading data and today's change.

MINDs Lab Inc. Cash Flow Conversion Ratio Explained

MINDs Lab Inc. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see 377480 market cap overview for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Namyang Dairy Products Co Ltd Peffered Series 1 KO:003925	0.003x
IZEA Inc NASDAQ:IZEA	0.024x
S-Energy Co.Ltd KQ:095910	-0.051x
Seker Gayrimenkul Yatirim Ortakligi A.S. IS:SEGYO	0.017x
Changchai Co Ltd SHE:200570	-0.017x
Nordic Resources Ltd AU:NNL	-0.018x
Libental TA:LBTL	-2.455x
Swiss Steel Holding AG SW:STLN	-0.244x

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. Review MINDs Lab Inc. free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.

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

$40.03 Million

₩59.07 Billion KRW

Market Cap Rank

#22514 Global

#1453 in Korea

Share Price

₩8310.00

Change (1 day)

-3.03%

52-Week Range

₩7890.00 - ₩24350.00

All Time High

₩38600.00