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 MIT defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

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.

Company	Cash Flow Conversion Efficiency
Innovative Eyewear Inc. NASDAQ:LUCY	-0.298x
Davis Commodities Limited Ordinary Shares NASDAQ:DTCK	-0.327x
Fluicell AB ST:FLUI	-0.114x
DTCOM - Direct to Company S.A SA:DTCY3	-3.060x
Invesco Bond Income Plus Limited LSE:BIPS	0.029x
TIMES CHINA HLDGS HD -10 F:T2H	N/A
Mantle Minerals Ltd AU:MTL	-0.118x
Nala Digital Commerce Ltd TA:SEFA	0.343x

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 market value of Mint Corp.

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

#28526 Global

#1279 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