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 Kits Eyecare Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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.

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
Ningbo Joy Intelligent Logistics Technology Co.Ltd. SHE:301198	0.017x
MT Hoejgaard Holding A/S CO:MTHH	-0.028x
Yibin Paper Industry Co Ltd SHG:600793	0.088x
KRAKacquisition Corp Class A Ordinary Shares NASDAQ:KRAQ	-0.002x
Jash Engineering Limited NSE:JASH	0.055x
Diamond Food Indonesia PT JK:DMND	0.030x
Sunlour Pigment CO.LTD. SHE:301036	N/A
US Century Bank NASDAQ:USCB	-0.045x

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 market cap.

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

$344.23 Million

CA$475.87 Million CAD

Market Cap Rank

#14305 Global

#422 in Canada

Share Price

CA$14.00

Change (1 day)

-3.38%

52-Week Range

CA$10.84 - CA$21.93

All Time High

CA$21.93