Kits Eyecare Ltd (KITS) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.071x

Based on the latest financial reports, Kits Eyecare Ltd (KITS) has a cash flow conversion efficiency ratio of -0.071x as of March 2026. 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$-4.98 Million ≈ $-3.61 Million USD) by net assets (CA$69.91 Million ≈ $50.57 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of Kits Eyecare Ltd to measure how much of total assets are equity-financed.

Kits Eyecare Ltd - Cash Flow Conversion Efficiency Trend (2017–2025)

This chart illustrates how Kits Eyecare Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check KITS cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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
Panoro Minerals Ltd. V:PML	-0.037x
Transcom Inc TW:5222	0.028x
European Lithium Ltd AU:EUR	-0.111x
QingCloud Technologies Corp. SHG:688316	-0.111x
Zhejiang Zhenyuan Share Co Ltd SHE:000705	0.013x
Integrated Diagnostics Holdings PLC LSE:IDHC	0.051x
KGI Securities (Thailand) Public Company Limited BK:KGI	0.180x
Materialise NV NASDAQ:MTLS	0.027x

Annual Cash Flow Conversion Efficiency for Kits Eyecare Ltd (2017–2025)

The table below shows the annual cash flow conversion efficiency of Kits Eyecare Ltd from 2017 to 2025. For the full company profile with market capitalisation and key ratios, see KITS company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CA$62.31 Million ≈ $45.08 Million	CA$11.46 Million ≈ $8.29 Million	0.184x	-18.31%
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

$319.89 Million

CA$442.22 Million CAD

Market Cap Rank

#14349 Global

#424 in Canada

Share Price

CA$13.01

Change (1 day)

-0.23%

52-Week Range

CA$10.84 - CA$21.93

All Time High

CA$21.93