Mint Corp
The Mint Corporation, through its subsidiaries, provides vertically integrated prepaid card and payroll services primarily in the Middle East. It manages the issuance, administration, customer support, payment processing, set-up, sponsorship, and regulated reporting of cards and related activities to government authorities. It offers its solutions through a network of ATMs, payment processing pla… Read more
Mint Corp (MIT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2023: 0.055x
Based on the latest financial reports, Mint Corp (MIT) has a cash flow conversion efficiency ratio of 0.055x as of December 2023.
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$-45.81K) by net assets (CA$-837.17K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Mint Corp - Cash Flow Conversion Efficiency Trend (2015–2023)
This chart illustrates how Mint Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Mint Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mint Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Merino & Co. Ltd
AU:MNC
|
-0.349x |
|
MBB (MBB.SG)
STU:MBB
|
-0.018x |
|
Tactical Resources Corp.
PINK:USREF
|
0.002x |
|
Interpace Biosciences Inc
OTCQX:IDXG
|
-6.503x |
|
Fastator AB
ST:FASTAT
|
0.082x |
|
DANAHER
BE:DAP
|
0.029x |
|
Papyrus Australia Ltd
AU:PPY
|
15.274x |
|
Communication Cable Systems Indonesia Tbk PT
JK:CCSI
|
0.050x |
Annual Cash Flow Conversion Efficiency for Mint Corp (2015–2023)
The table below shows the annual cash flow conversion efficiency of Mint Corp from 2015 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | CA$-837.17K | CA$-256.71K | 0.307x | +313.84% |
| 2022-12-31 | CA$599.81K | CA$-86.01K | -0.143x | -305952.71% |
| 2021-12-31 | CA$-28.52 Million | CA$-1.34K | 0.000x | -95.99% |
| 2020-12-31 | CA$-23.48 Million | CA$-27.43K | 0.001x | -98.42% |
| 2019-12-31 | CA$-23.21 Million | CA$-1.71 Million | 0.074x | +35.16% |
| 2018-12-31 | CA$-19.01 Million | CA$-1.04 Million | 0.055x | +118.62% |
| 2017-12-31 | CA$-67.85 Million | CA$-1.70 Million | 0.025x | -59.42% |
| 2016-12-31 | CA$-60.24 Million | CA$-3.71 Million | 0.062x | -7.11% |
| 2015-12-31 | CA$-54.16 Million | CA$-3.59 Million | 0.066x | -- |