Micro Imaging Technology Inc
Micro Imaging Technology, Inc. engages in the development of fluid monitoring systems for food safety and clinical industries in the United States. The company is developing a laser-based rapid microbial identification system capable of identifying pathogenic bacteria. The company has a collaboration Northern Michigan University to investigate an alternative pathogen sample preparation method tha… Read more
Micro Imaging Technology Inc (MMTC) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of July 2014: 0.036x
Based on the latest financial reports, Micro Imaging Technology Inc (MMTC) has a cash flow conversion efficiency ratio of 0.036x as of July 2014.
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 ($-50.73K) by net assets ($-1.42 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Micro Imaging Technology Inc - Cash Flow Conversion Efficiency Trend (1997–2013)
This chart illustrates how Micro Imaging Technology 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.
Micro Imaging Technology Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Micro Imaging Technology Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mondial Ventures Inc
PINK:MNVN
|
0.195x |
|
Integrated Business Systems and Services Inc
PINK:IBSS
|
0.031x |
|
New Oriental Energy
PINK:NOEC
|
-0.185x |
|
Triumph Apparel Corporation
PINK:TRUA
|
0.118x |
|
Clean Energy Pathway
PINK:CPWY
|
0.000x |
|
Kaiser Group Holdings Inc
PINK:KGHI
|
-0.691x |
|
Vg Life Sciences Inc
PINK:VGLS
|
0.001x |
|
Strategic Management and Opportunity Corporation
PINK:SMPP
|
0.215x |
Annual Cash Flow Conversion Efficiency for Micro Imaging Technology Inc (1997–2013)
The table below shows the annual cash flow conversion efficiency of Micro Imaging Technology Inc from 1997 to 2013.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2013-10-31 | $-1.02 Million | $-560.91K | 0.548x | -76.69% |
| 2012-10-31 | $-477.73K | $-1.12 Million | 2.352x | +1077.14% |
| 2011-10-31 | $-2.32 Million | $-464.22K | 0.200x | -79.82% |
| 2010-10-31 | $-839.13K | $-830.81K | 0.990x | -16.92% |
| 2008-10-31 | $-623.72K | $-743.32K | 1.192x | -73.18% |
| 2007-10-31 | $-192.55K | $-855.58K | 4.443x | +840.75% |
| 2006-10-31 | $-2.52 Million | $-1.19 Million | 0.472x | -9.63% |
| 2005-10-31 | $-1.38 Million | $-721.50K | 0.523x | -9.73% |
| 2004-10-31 | $-1.39 Million | $-807.21K | 0.579x | -75.53% |
| 2002-10-31 | $-518.73K | $-1.23 Million | 2.366x | +208.42% |
| 2001-10-31 | $416.49K | $-908.82K | -2.182x | -42.98% |
| 2000-10-31 | $995.29K | $-1.52 Million | -1.526x | -5.65% |
| 1999-10-31 | $971.29K | $-1.40 Million | -1.444x | -59.16% |
| 1998-10-31 | $998.88K | $-906.53K | -0.908x | -361.43% |
| 1997-10-31 | $754.08K | $-148.31K | -0.197x | -- |