MeiraGTx Holdings PLC
MeiraGTx Holdings plc, a clinical stage genetics medicines company, focusing on developing treatments for patients with serious diseases. The company develops various therapies for ocular diseases, including inherited retinal diseases and large degenerative ocular diseases; neurodegenerative diseases; and xerostomia. It is also developing AAV-AQP1 in Phase 2 trial for radiation-induced grade 2/3 … Read more
MeiraGTx Holdings PLC (MGTX) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.301x
Based on the latest financial reports, MeiraGTx Holdings PLC (MGTX) has a cash flow conversion efficiency ratio of 0.301x 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 ($-12.21 Million) by net assets ($-40.56 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
MeiraGTx Holdings PLC - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how MeiraGTx Holdings PLC's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
MeiraGTx Holdings PLC Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of MeiraGTx Holdings PLC ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hypothekarbank Lenzburg AG
SW:HBLN
|
-0.426x |
|
Cerence Inc
NASDAQ:CRNC
|
0.252x |
|
Hidili Industry International Development Limited
PINK:HIIDQ
|
0.024x |
|
Northwest Biotherapeutics Inc
OTCQB:NWBO
|
0.128x |
|
Shenzhen Centralcon Investment Holding Co Ltd
SHE:000042
|
0.450x |
|
Xiamen Xindeco Ltd
SHE:000701
|
-0.332x |
|
STEF S.A
LSE:0NY3
|
0.097x |
|
Shoei Co Ltd
PINK:SHOFF
|
0.027x |
Annual Cash Flow Conversion Efficiency for MeiraGTx Holdings PLC (2016–2024)
The table below shows the annual cash flow conversion efficiency of MeiraGTx Holdings PLC from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $67.83 Million | $-104.50 Million | -1.541x | -102.04% |
| 2023-12-31 | $138.18 Million | $-105.36 Million | -0.763x | -22.82% |
| 2022-12-31 | $117.74 Million | $-73.10 Million | -0.621x | -993.13% |
| 2021-12-31 | $185.40 Million | $-10.53 Million | -0.057x | +78.82% |
| 2020-12-31 | $238.56 Million | $-63.97 Million | -0.268x | -355.23% |
| 2019-12-31 | $190.80 Million | $20.04 Million | 0.105x | +114.46% |
| 2018-12-31 | $81.06 Million | $-58.89 Million | -0.726x | -290.58% |
| 2017-12-31 | $-47.37 Million | $-18.06 Million | 0.381x | -54.53% |
| 2016-12-31 | $-17.14 Million | $-14.37 Million | 0.838x | -- |