Meta Materials Inc. Cash Flow Conversion Efficiency
Meta Materials Inc. 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.
Cash Flow Conversion Efficiency of Meta Materials Inc. (2020–2023)
Cash flow conversion efficiency of Meta Materials Inc. from 2020 to 2023. This chart illustrates how Meta Materials Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View Meta Materials Inc. (MMATQ) share price today for real-time trading data and today's change.
Meta Materials Inc. Cash Flow Conversion Ratio Explained
Meta Materials 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.
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. Also see how much is Meta Materials Inc. worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
IRPC Public Company Limited
F:TPIG
|
0.214x |
|
TMBThanachart Bank Public Company Limited
F:TMLF
|
0.133x |
|
IRPC PCL
STU:TPIG
|
-0.076x |
|
Delta Apparel, Inc.
NYSE MKT:DLAPQ
|
0.192x |
|
Shapeways Holdings, Inc
NASDAQ:SHPWQ
|
-0.202x |
|
Accentro Real Estate AG
F:A4Y
|
0.064x |
|
Ordinary Fully Paid Deferred Settlement
AU:GMNDA
|
N/A |
|
Tissue Regenix Group Plc
LSE:TRX
|
-0.007x |
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. Review financial flexibility index of Meta Materials Inc. to assess the company's free cash flow relative to its total liabilities.
| 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