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 -0.012x as of December 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$-506.00K ≈ $-366.03K USD) by net assets (CA$43.18 Million ≈ $31.23 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
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. Read debt load of Thinkific Labs Inc for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
SanDi Properties Co Ltd
TW:1438
|
0.129x |
|
South West Pinnacle Exploration Limited
NSE:SOUTHWEST
|
-0.017x |
|
Aerovate Therapeutics Inc
NASDAQ:AVTE
|
-0.032x |
|
Huvis Corporation
KO:079980
|
-0.024x |
|
Axon Partners Group S.A.
MC:APG
|
0.065x |
|
Vocento
MC:VOC
|
-0.045x |
|
UY Scuti Acquisition Corp.
NASDAQ:UYSC
|
N/A |
|
Greenland Energy Company Common Stock
NASDAQ:GLND
|
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. Its platform enables entrepreneurs and established businesses to create, market, sell, and deliver online courses and other learning products. The company was incorporated in 2012 and is headquartered in Vancouver, Canada.