Meta Materials Inc. (MMATQ) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Meta Materials Inc. (MMATQ) has a cash flow conversion efficiency ratio of -0.323x as of March 2024. 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 ($-5.92 Million) by net assets ($18.34 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Meta Materials Inc. balance sheet quality to measure how much of total assets are equity-financed.
Meta Materials Inc. - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how Meta Materials Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore cash flow to debt ratio of Meta Materials Inc. to assess how comfortably operating cash covers total debt obligations.
Meta Materials Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Meta Materials Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ordinary Fully Paid Deferred Settlement
AU:BPPDD
|
0.140x |
|
AmpliTech Group Inc
NASDAQ:AMPGW
|
-0.028x |
|
Delta Apparel, Inc.
NYSE MKT:DLAPQ
|
0.192x |
|
Smart for Life, Inc. Common Stock
NASDAQ:SMFL
|
0.953x |
|
Shapeways Holdings, Inc
NASDAQ:SHPWQ
|
-0.202x |
|
Accentro Real Estate AG
F:A4Y
|
0.064x |
|
Tissue Regenix Group Plc
LSE:TRX
|
-0.007x |
|
China New Higher Education Group Limited
STU:8CN
|
0.002x |
Annual Cash Flow Conversion Efficiency for Meta Materials Inc. (2020–2023)
The table below shows the annual cash flow conversion efficiency of Meta Materials Inc. from 2020 to 2023. For the full company profile with market capitalisation and key ratios, see MMATQ stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $21.94 Million | $-42.22 Million | -1.925x | -1070.50% |
| 2022-12-31 | $378.56 Million | $-62.24 Million | -0.164x | -58.30% |
| 2021-12-31 | $334.71 Million | $-34.76 Million | -0.104x | -111.66% |
| 2020-12-31 | $-8.90 Million | $-7.93 Million | 0.891x | -- |
About Meta Materials Inc.
Meta Materials Inc. operates as an advanced materials and nanotechnology company in the United States, Canada, and internationally. The company offers NANOWEB, a transparent conductive film that is an alternative to indium tin oxide (ITO), silver nanowire (AgNW), graphene, and carbon nanotube technologies; holoOPTIX, a holographic optical component; and ARfusion, a technology combining precision … Read more