Micromem Technologies Inc
Micromem Technologies Inc. designs, develops, and provides customized sensor applications based on its proprietary technology in Canada and internationally. Its products are used in various applications in oil and structural integrity sensor, nanoparticle detection, and energy storage solutions. The company is headquartered in Toronto, Canada.
Micromem Technologies Inc (MMTIF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of July 2025: 0.063x
Based on the latest financial reports, Micromem Technologies Inc (MMTIF) has a cash flow conversion efficiency ratio of 0.063x as of July 2025.
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 ($-395.32K) by net assets ($-6.24 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Micromem Technologies Inc - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Micromem Technologies Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Micromem Technologies Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Micromem Technologies Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Dabomb Protein
TWO:6578
|
-0.013x |
|
YIHO International Co., Ltd.
TWO:7590
|
-0.141x |
|
FCS Software Solutions Limited
NSE:FCSSOFT
|
-0.029x |
|
Binero Group AB
ST:BINERO
|
0.011x |
|
Jervois Mining Ltd
PINK:JRVMF
|
-0.038x |
|
Invesque Inc
PINK:MHIVF
|
-0.025x |
|
Genius Group Ltd
NYSE MKT:GNS
|
-0.103x |
|
Schlatter Industries AG
SW:STRN
|
-0.197x |
Annual Cash Flow Conversion Efficiency for Micromem Technologies Inc (2013–2024)
The table below shows the annual cash flow conversion efficiency of Micromem Technologies Inc from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-10-31 | $-6.72 Million | $-625.92K | 0.093x | -58.39% |
| 2023-10-31 | $-4.84 Million | $-1.08 Million | 0.224x | +6.55% |
| 2022-10-31 | $-4.75 Million | $-997.03K | 0.210x | -4.44% |
| 2021-10-31 | $-3.47 Million | $-762.77K | 0.220x | +20.98% |
| 2020-10-31 | $-4.19 Million | $-760.57K | 0.182x | -20.90% |
| 2019-10-31 | $-4.28 Million | $-982.44K | 0.230x | -41.31% |
| 2018-10-31 | $-3.42 Million | $-1.34 Million | 0.391x | -34.82% |
| 2017-10-31 | $-3.42 Million | $-2.06 Million | 0.600x | -18.93% |
| 2016-10-31 | $-3.90 Million | $-2.89 Million | 0.740x | +163.36% |
| 2015-10-31 | $1.40 Million | $-1.64 Million | -1.168x | -97.09% |
| 2014-10-31 | $4.86 Million | $-2.88 Million | -0.593x | +63.80% |
| 2013-10-31 | $1.54 Million | $-2.52 Million | -1.638x | -- |