The Mint Corporation
The Mint Corporation, through its subsidiaries, offers fintech services in the United Arab Emirates. Its platform provides financial services tailored to the needs of unbanked workers and their employers. The company also provides employers with payroll cards for their unbanked employees where employees can earn regular salaries and have long-term work permits. The company was formerly known as M… Read more
The Mint Corporation (MITJF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2023: 0.055x
Based on the latest financial reports, The Mint Corporation (MITJF) has a cash flow conversion efficiency ratio of 0.055x as of December 2023.
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 ($-45.81K) by net assets ($-837.17K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
The Mint Corporation - Cash Flow Conversion Efficiency Trend (2001–2023)
This chart illustrates how The Mint Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
The Mint Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of The Mint Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Beneficient Warrant
NASDAQ:BENFW
|
0.278x |
|
FREEGOLD VENT - Dusseldorf Stock Exchang
DU:FR4N
|
-0.004x |
|
FIQE3F
SA:FIQE3F
|
N/A |
|
Chyunn Environment Corporation
TWO:6911
|
0.009x |
|
Blitzway Co. Ltd.
KO:369370
|
N/A |
|
Dynea Pakistan Ltd
KAR:DYNO
|
N/A |
|
MAPLETREE PAN ASIA C.REGS
F:BI0
|
N/A |
|
Education Management Corp
PINK:EDMCQ
|
0.356x |
Annual Cash Flow Conversion Efficiency for The Mint Corporation (2001–2023)
The table below shows the annual cash flow conversion efficiency of The Mint Corporation from 2001 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-837.17K | $-256.71K | 0.307x | +313.84% |
| 2022-12-31 | $599.81K | $-86.01K | -0.143x | -305952.71% |
| 2021-12-31 | $-28.52 Million | $-1.34K | 0.000x | -95.99% |
| 2020-12-31 | $-23.48 Million | $-27.43K | 0.001x | -98.42% |
| 2019-12-31 | $-23.21 Million | $-1.71 Million | 0.074x | +35.16% |
| 2018-12-31 | $-19.01 Million | $-1.04 Million | 0.055x | +118.62% |
| 2017-12-31 | $-67.85 Million | $-1.70 Million | 0.025x | -59.42% |
| 2016-12-31 | $-60.24 Million | $-3.71 Million | 0.062x | -7.11% |
| 2015-12-31 | $-54.16 Million | $-3.59 Million | 0.066x | -85.01% |
| 2014-12-31 | $-46.93 Million | $-20.75 Million | 0.442x | -29.09% |
| 2013-12-31 | $-36.77 Million | $-22.93 Million | 0.624x | -35.17% |
| 2012-12-31 | $-11.16 Million | $-10.74 Million | 0.962x | +169.72% |
| 2011-12-31 | $3.27 Million | $-4.51 Million | -1.380x | -171.88% |
| 2010-12-31 | $-2.02 Million | $-3.89 Million | 1.919x | +66.33% |
| 2009-12-31 | $-1.79 Million | $-2.06 Million | 1.154x | +117.48% |
| 2008-12-31 | $413.84K | $-2.73 Million | -6.603x | -145.36% |
| 2007-12-31 | $1.49 Million | $-4.01 Million | -2.691x | -171.26% |
| 2006-12-31 | $4.14 Million | $-4.11 Million | -0.992x | +95.09% |
| 2005-12-31 | $141.21K | $-2.85 Million | -20.193x | -278.39% |
| 2004-12-31 | $-273.44K | $-3.10 Million | 11.320x | +26855.97% |
| 2003-12-31 | $515.97K | $-21.83K | -0.042x | -108.11% |
| 2001-12-31 | $20.27K | $10.58K | 0.522x | -- |