Kits Eyecare Ltd (KITS) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.048x

Based on the latest financial reports, Kits Eyecare Ltd (KITS) has a cash flow conversion efficiency ratio of 0.048x as of September 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 (CA$2.95 Million ≈ $2.14 Million USD) by net assets (CA$62.00 Million ≈ $44.85 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Kits Eyecare Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)

This chart illustrates how Kits Eyecare Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Kits Eyecare Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.

Kits Eyecare Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Kits Eyecare Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
EUROSEAS LTD DL -01 F:2LE1	N/A
Suzhou Shijing Environmental Technology Co.Ltd. SHE:301030	N/A
Fusion Micro Finance Limited NSE:FUSION	0.232x
PharmaSGP Holding SE F:PSG	0.115x
Chongqing Wanli New Energy Co Ltd SHG:600847	-0.027x
Bijou Brigitte modische Accessoires Aktiengesellschaft XETRA:BIJ	0.127x
Liaoning SG Automotive Group Co Ltd SHG:600303	-0.068x
Sprout Social Inc NASDAQ:SPT	0.054x

Annual Cash Flow Conversion Efficiency for Kits Eyecare Ltd (2017–2024)

The table below shows the annual cash flow conversion efficiency of Kits Eyecare Ltd from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see KITS market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$57.89 Million ≈ $41.88 Million	CA$13.04 Million ≈ $9.43 Million	0.225x	+381.74%
2023-12-31	CA$51.45 Million ≈ $37.22 Million	CA$2.40 Million ≈ $1.74 Million	0.047x	-46.32%
2022-12-31	CA$53.71 Million ≈ $38.85 Million	CA$4.68 Million ≈ $3.38 Million	0.087x	+124.51%
2021-12-31	CA$54.78 Million ≈ $39.63 Million	CA$-19.46 Million ≈ $-14.08 Million	-0.355x	+95.13%
2020-12-31	CA$-573.00K ≈ $-414.50K	CA$4.18 Million ≈ $3.03 Million	-7.298x	-1192.30%
2019-12-31	CA$6.21 Million ≈ $4.49 Million	CA$4.15 Million ≈ $3.00 Million	0.668x	-71.04%
2018-12-31	CA$1.58 Million ≈ $1.15 Million	CA$3.66 Million ≈ $2.65 Million	2.307x	-32.88%
2017-12-31	CA$971.00K ≈ $702.41K	CA$3.34 Million ≈ $2.41 Million	3.438x	--

About Kits Eyecare Ltd

TO:KITS Canada Specialty Retail

Market Cap

$331.31 Million

CA$458.01 Million CAD

Market Cap Rank

#14551 Global

#425 in Canada

Share Price

CA$14.25

Change (1 day)

+1.28%

52-Week Range

CA$11.31 - CA$21.93

All Time High

CA$21.93