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 0.034x as of December 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 ($8.02 Million) by net assets ($233.66 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
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. Read Mitek Systems Inc total liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Zhejiang Hongchang Electrical Technology Co. Ltd.
SHE:301008
|
0.052x |
|
Selamat Sempurna Tbk
JK:SMSM
|
0.082x |
|
Beijing Jingyeda Technology Co Ltd
SHE:003005
|
-0.012x |
|
Valor Estate Limited
NSE:DBREALTY
|
-0.027x |
|
Shenzhen Sinovatio Technology Co Ltd Class A
SHE:002912
|
-0.022x |
|
Shinkong Textile Co Ltd
TW:1419
|
0.011x |
|
Fireweed Zinc Ltd
V:FWZ
|
-0.677x |
|
Autohellas S.A.
AT:OTOEL
|
0.064x |
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 | -19.92% |
| 2021-09-30 | $193.26 Million | $37.34 Million | 0.193x | +5.93% |
| 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 | $39.49 Million | $7.85 Million | 0.199x | -0.85% |
| 2015-09-30 | $30.43 Million | $6.11 Million | 0.201x | +294.56% |
| 2014-09-30 | $23.94 Million | $-2.47 Million | -0.103x | -331.32% |
| 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 | -506.33% |
| 2004-09-30 | $2.57 Million | $1.22 Million | 0.475x | 0.00% |
| 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