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. See Mint Corp (MIT) net asset quality to measure how much of total assets are equity-financed.

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. Check MIT cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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
Aptevo Therapeutics Inc NASDAQ:APVO	-0.686x
NV Gold Corp V:NVX	-0.027x
Davis Commodities Limited Ordinary Shares NASDAQ:DTCK	-0.327x
Ravi Kumar Distilleries Limited NSE:RKDL	0.122x
Mantle Minerals Ltd AU:MTL	-0.118x
Sdcl Energy Efficiency Income Trust PLC LSE:SEIT	0.035x
AHT Syngas Technology NV F:3SQ1	0.008x
Roman DBDR Acquisition Corp. II Warrants NASDAQ:DRDBW	N/A

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. For the full company profile with market capitalisation and key ratios, see MIT company net worth.

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

#28501 Global

#1266 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