Mitek Systems Inc Cash Flow Conversion Efficiency
Mitek Systems Inc cash flow conversion efficiency. Based on the latest financial reports, Mitek Systems Inc (MITK) has a cash flow conversion efficiency ratio of 0.108x as of June 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 ($27.16 Million) by net assets ($250.52 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Mitek Systems Inc (1990–2025)
Cash flow conversion efficiency of Mitek Systems Inc from 1990 to 2025. This chart illustrates how Mitek Systems Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Mitek Systems Inc for real-time trading data and today's change.
Mitek Systems Inc Cash Flow Conversion Ratio Explained
Mitek Systems Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see Mitek Systems Inc (MITK) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shenzhen Lihexing Co. Ltd.
SHE:301013
|
-0.037x |
|
PROSEGUR CASH UNSP.ADR/5
F:PQD0
|
N/A |
|
Pason Systems Inc.
TO:PSI
|
0.042x |
|
Stx Heavy Indu
KO:071970
|
0.064x |
|
Shanghai Baolong Automotive Corp
SHG:603197
|
0.037x |
|
CGN Nuclear Technology Development Co Ltd
SHE:000881
|
0.017x |
|
Orient Semiconductor Electronics Ltd
TW:2329
|
0.023x |
|
Xinjiang Qingsong Building Materials and Chemicals Group Co Ltd
SHG:600425
|
0.028x |
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. Review how much free cash does Mitek Systems Inc generate to assess how much free cash flow the company generates relative to operating cash flow.
| 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