Mitek Systems Inc (MITK) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Mitek Systems Inc (MITK) has a cash flow conversion efficiency ratio of -0.004x as of March 2026. 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 ($-945.00K) by net assets ($239.47 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Mitek Systems Inc (MITK) liquidity interval to measure how many days the company can operate on defensive assets alone.
Mitek Systems Inc - Cash Flow Conversion Efficiency Trend (1990–2025)
This chart illustrates how Mitek Systems Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Mitek Systems Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mitek Systems Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Africa Israel Residences Ltd
TA:AFRE
|
-0.033x |
|
President Bakery Public Company Limited
BK:PB
|
0.029x |
|
Ca Toulouse 31 CCI
PA:CAT31
|
0.046x |
|
BlackRock Utility & Infrastructure Trust
NYSE:BUI
|
-0.010x |
|
Shenzhen Topway Video Communication Co Ltd
SHE:002238
|
0.018x |
|
Guangdong Fangyuan Environment Co. Ltd. A
SHG:688148
|
N/A |
|
Sichuan Huiyu Pharmaceutical Co Ltd
SHG:688553
|
0.016x |
|
Grendene S.A
SA:GRND3
|
0.002x |
Annual Cash Flow Conversion Efficiency for Mitek Systems Inc (1990–2025)
The table below shows the annual cash flow conversion efficiency of Mitek Systems Inc from 1990 to 2025. For the full company profile with market capitalisation and key ratios, see Mitek Systems Inc (MITK) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-09-30 | $240.26 Million | $55.34 Million | 0.230x | +56.14% |
| 2024-09-30 | $214.80 Million | $31.69 Million | 0.148x | -4.17% |
| 2023-09-30 | $205.19 Million | $31.59 Million | 0.154x | -0.50% |
| 2022-09-30 | $170.32 Million | $26.35 Million | 0.155x | -20.10% |
| 2021-09-30 | $192.83 Million | $37.34 Million | 0.194x | +6.16% |
| 2020-09-30 | $132.24 Million | $24.12 Million | 0.182x | +37.39% |
| 2019-09-30 | $107.33 Million | $14.25 Million | 0.133x | +125.11% |
| 2018-09-30 | $95.39 Million | $5.63 Million | 0.059x | -65.33% |
| 2017-09-30 | $61.41 Million | $10.45 Million | 0.170x | -14.49% |
| 2016-09-30 | $39.48 Million | $7.85 Million | 0.199x | -0.84% |
| 2015-09-30 | $30.43 Million | $6.11 Million | 0.201x | +294.53% |
| 2014-09-30 | $23.94 Million | $-2.47 Million | -0.103x | -331.38% |
| 2013-09-30 | $25.73 Million | $-615.06K | -0.024x | +81.78% |
| 2012-09-30 | $13.56 Million | $-1.78 Million | -0.131x | -849.29% |
| 2011-09-30 | $18.06 Million | $316.17K | 0.018x | +102.18% |
| 2010-09-30 | $1.00 Million | $-806.06K | -0.805x | +81.71% |
| 2009-09-30 | $125.77K | $-553.45K | -4.401x | -1368.90% |
| 2008-09-30 | $1.33 Million | $-398.94K | -0.300x | -170.63% |
| 2007-09-30 | $1.86 Million | $-205.72K | -0.111x | -317.00% |
| 2006-09-30 | $2.02 Million | $-53.53K | -0.027x | +98.63% |
| 2005-09-30 | $1.05 Million | $-2.02 Million | -1.932x | -506.24% |
| 2004-09-30 | $2.57 Million | $1.22 Million | 0.476x | +0.02% |
| 2003-09-30 | $2.57 Million | $1.22 Million | 0.475x | +537.84% |
| 2002-09-30 | $5.03 Million | $374.72K | 0.075x | -64.91% |
| 2001-09-30 | $4.56 Million | $969.30K | 0.212x | +157.13% |
| 2000-09-30 | $4.89 Million | $-1.82 Million | -0.372x | -593.93% |
| 1999-09-30 | $5.60 Million | $-300.00K | -0.054x | -15.18% |
| 1998-09-30 | $4.30 Million | $-200.00K | -0.047x | +90.01% |
| 1997-09-30 | $5.80 Million | $-2.70 Million | -0.466x | -351.38% |
| 1996-09-30 | $2.70 Million | $500.00K | 0.185x | +180.25% |
| 1995-09-30 | $1.30 Million | $-300.00K | -0.231x | -115.38% |
| 1994-09-30 | $800.00K | $1.20 Million | 1.500x | +12.50% |
| 1993-09-30 | $1.80 Million | $2.40 Million | 1.333x | +5.88% |
| 1992-09-30 | $2.70 Million | $3.40 Million | 1.259x | +21.43% |
| 1991-09-30 | $2.70 Million | $2.80 Million | 1.037x | +43.59% |
| 1990-09-30 | $1.80 Million | $1.30 Million | 0.722x | -- |
About Mitek Systems Inc
Mitek Systems, Inc. provides digital identity verification and fraud prevention solutions worldwide. The company offers Mobile Deposit, a mobile remote deposit capture solution for retail financial institutions, brokerages, and prepaid card providers; Check Fraud Defender, a cloud-hosted fraud mitigation service; Mitek Verified Identity Platform, an end-to-end identity verification solution; Mobi… Read more