Mint Corp (MIT) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-33.14K USD) by net assets (CA$-837.17K ≈ $-605.60K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Mint Corp (MIT) total market value for the company's overall valuation and market capitalisation.

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.

Mint Corp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Mint Corp ranked by their cash flow conversion efficiency. Explore how high is Mint Corp's earnings quality to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Kanger International Bhd KLSE:0170	-0.041x
TESGAS S.A. WAR:TSG	-0.092x
Davis Commodities Limited Ordinary Shares NASDAQ:DTCK	-0.327x
Mayfield Childcare Ltd AU:MFD	0.064x
Mantle Minerals Ltd AU:MTL	-0.118x
Nichols LSE:NICL	0.183x
Erika Carmel-Tech Ltd TA:ERKA	-0.383x
Impex Ferro Tech Limited NSE:IMPEXFERRO	0.001x

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. View current stock price of Mint Corp for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-12-31	CA$-837.17K ≈ $-605.60K	CA$-256.71K ≈ $-185.70K	0.307x	+313.84%
2022-12-31	CA$599.81K ≈ $433.89K	CA$-86.01K ≈ $-62.22K	-0.143x	-305952.71%
2021-12-31	CA$-28.52 Million ≈ $-20.63 Million	CA$-1.34K ≈ $-967.17	0.000x	-95.99%
2020-12-31	CA$-23.48 Million ≈ $-16.99 Million	CA$-27.43K ≈ $-19.85K	0.001x	-98.42%
2019-12-31	CA$-23.21 Million ≈ $-16.79 Million	CA$-1.71 Million ≈ $-1.24 Million	0.074x	+35.16%
2018-12-31	CA$-19.01 Million ≈ $-13.75 Million	CA$-1.04 Million ≈ $-751.12K	0.055x	+118.62%
2017-12-31	CA$-67.85 Million ≈ $-49.08 Million	CA$-1.70 Million ≈ $-1.23 Million	0.025x	-59.42%
2016-12-31	CA$-60.24 Million ≈ $-43.58 Million	CA$-3.71 Million ≈ $-2.68 Million	0.062x	-7.11%
2015-12-31	CA$-54.16 Million ≈ $-39.18 Million	CA$-3.59 Million ≈ $-2.60 Million	0.066x	--

About Mint Corp

V:MIT Canada Credit Services

Market Cap

$5.12 Million

CA$7.08 Million CAD

Market Cap Rank

#28629 Global

#1273 in Canada

Share Price

CA$0.03

Change (1 day)

+0.00%

52-Week Range

CA$0.03 - CA$0.03

All Time High

CA$0.46