MeiraGTx Holdings PLC

NASDAQ:MGTX USA Biotechnology
Market Cap
$615.76 Million
Market Cap Rank
#12576 Global
#5378 in USA
Share Price
$7.65
Change (1 day)
-0.52%
52-Week Range
$4.64 - $9.26
All Time High
$30.01
About

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.

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 --