Mint Corp Cash Flow Conversion Efficiency

Latest as of December 2023: 0.055x

Mint Corp cash flow conversion efficiency. 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.

Cash Flow Conversion Efficiency of Mint Corp (2015–2023)

Cash flow conversion efficiency of Mint Corp from 2015 to 2023. This chart illustrates how Mint Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View MIT stock price and chart for real-time trading data and today's change.

Mint Corp Cash Flow Conversion Ratio Explained

Mint Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Mint Corp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Mint Corp ranked by their cash flow conversion efficiency. Also see market cap of Mint Corp for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Lion Energy Ltd AU:LIO	-0.111x
Annexin Pharmaceuticals AB ST:ANNX	-0.716x
Trainers House Oyj HE:TRH1V	0.039x
Davis Commodities Limited Ordinary Shares NASDAQ:DTCK	-0.327x
Sabre Insurance Group PLC LSE:SBRE	0.078x
YOLO GROUP S.P.A. O.N. F:X2Y	N/A
Mantle Minerals Ltd AU:MTL	-0.118x
INC S.A. WAR:INC	-0.047x

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. Review MIT free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.

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

#28478 Global

#1244 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