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) net asset quality to measure how much of total assets are equity-financed.
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. Check Mitek Systems Inc earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Kvutzat Acro Ltd.
TA:ACRO
|
-0.030x |
|
DNA Link Inc
KQ:127120
|
-0.060x |
|
Senvest Capital Inc.
TO:SEC
|
0.074x |
|
Anhui Huilong Agricultural Means of Production Co Ltd
SHE:002556
|
0.151x |
|
MD Pictures Tbk PT
JK:FILM
|
-0.012x |
|
Energy Absolute Public Company Limited
BK:EA
|
0.034x |
|
Zhuzhou Tianqiao Crane Co Ltd
SHE:002523
|
0.041x |
|
Udemy Inc
NASDAQ:UDMY
|
0.074x |
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 MITK company net worth.
| 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