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. Also see Meta Materials Inc. stock valuation for the company's overall valuation and market capitalisation.
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.
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. See MMATQ operating cash flow to total debt to evaluate how effectively operating cash flow covers total debt obligations.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ordinary Fully Paid Deferred Settlement
AU:BPPDD
|
0.140x |
|
Invesque Inc
TO:IVQ
|
0.011x |
|
Delta Apparel, Inc.
NYSE MKT:DLAPQ
|
0.192x |
|
Smart for Life, Inc. Common Stock
NASDAQ:SMFL
|
0.953x |
|
Accentro Real Estate AG
F:A4Y
|
0.064x |
|
TMBThanachart Bank Public Company Limited
F:TMLF
|
0.133x |
|
Shapeways Holdings, Inc
NASDAQ:SHPWQ
|
-0.202x |
|
Guna Timur Raya PT
JK:TRUK
|
0.003x |
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. View Meta Materials Inc. stock price for real-time trading data and today's change.
| 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