Thinkific Labs Inc (THNC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Thinkific Labs Inc (THNC) has a cash flow conversion efficiency ratio of -0.004x 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$-149.51K ≈ $-108.15K USD) by net assets (CA$41.86 Million ≈ $30.28 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 net asset quality index of Thinkific Labs Inc to measure how much of total assets are equity-financed.
Thinkific Labs Inc - Cash Flow Conversion Efficiency Trend (2019–2025)
This chart illustrates how Thinkific Labs Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Thinkific Labs Inc's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Thinkific Labs Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Thinkific Labs Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Pearl Diver Credit Company Inc.
NYSE:PDCC
|
0.083x |
|
Quantum X Labs Inc.
NASDAQ:QXL
|
-0.028x |
|
Li-S Energy Ltd
AU:LIS
|
-0.023x |
|
NRX Pharmaceuticals Inc
NASDAQ:NRXP
|
0.112x |
|
Cardiff Oncology Inc
NASDAQ:CRDF
|
-0.131x |
|
Ilyda SA
AT:ILYDA
|
0.032x |
|
Mcleod Russel India Limited
NSE:MCLEODRUSS
|
-0.521x |
|
Smart Digital Group Limited Ordinary Shares
NASDAQ:SDM
|
N/A |
Annual Cash Flow Conversion Efficiency for Thinkific Labs Inc (2019–2025)
The table below shows the annual cash flow conversion efficiency of Thinkific Labs Inc from 2019 to 2025. For the full company profile with market capitalisation and key ratios, see THNC market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$43.18 Million ≈ $31.23 Million |
CA$5.69 Million ≈ $4.11 Million |
0.132x | -21.65% |
| 2024-12-31 | CA$41.59 Million ≈ $30.09 Million |
CA$6.99 Million ≈ $5.06 Million |
0.168x | +353.85% |
| 2023-12-31 | CA$81.94 Million ≈ $59.27 Million |
CA$-5.43 Million ≈ $-3.93 Million |
-0.066x | +77.50% |
| 2022-12-31 | CA$87.85 Million ≈ $63.55 Million |
CA$-25.85 Million ≈ $-18.70 Million |
-0.294x | -96.05% |
| 2021-12-31 | CA$121.61 Million ≈ $87.97 Million |
CA$-18.26 Million ≈ $-13.21 Million |
-0.150x | -130.26% |
| 2020-12-31 | CA$5.31 Million ≈ $3.84 Million |
CA$2.63 Million ≈ $1.90 Million |
0.496x | -51.03% |
| 2019-12-31 | CA$1.63 Million ≈ $1.18 Million |
CA$1.65 Million ≈ $1.19 Million |
1.013x | -- |
About Thinkific Labs Inc
Thinkific Labs Inc. engages in the development, marketing, and support management of cloud-based platform in Canada, the United States, and internationally. It provides a learning commerce platform that provides courses, communities, AI and commerce. The company was incorporated in 2012 and is headquartered in Vancouver, Canada.