Medicure Inc (MPH) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.144x

Based on the latest financial reports, Medicure Inc (MPH) has a cash flow conversion efficiency ratio of -0.144x as of March 2026. 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$-1.82 Million ≈ $-1.32 Million USD) by net assets (CA$12.65 Million ≈ $9.15 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See MPH days of operational coverage to measure how many days the company can operate on defensive assets alone.

Medicure Inc - Cash Flow Conversion Efficiency Trend (2000–2025)

This chart illustrates how Medicure Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Medicure Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Medicure Inc ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Airway WAR:AWM	-0.055x
Bitros Holding S.A AT:MPITR	0.006x
AB Effectenbeteiligungen AG STU:JPH	N/A
High Arctic Energy Services Inc. TO:HWO	0.005x
Modus Therapeutics Holding AB ST:MODTX	-0.552x
InTiCa Systems AG F:IS7	0.071x
Iconic Minerals Ltd V:ICM	-0.323x
Gladiator Resources Ltd AU:GLA	-0.806x

Annual Cash Flow Conversion Efficiency for Medicure Inc (2000–2025)

The table below shows the annual cash flow conversion efficiency of Medicure Inc from 2000 to 2025. For the full company profile with market capitalisation and key ratios, see market value of Medicure Inc.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CA$12.91 Million ≈ $9.34 Million	CA$-560.00K ≈ $-405.10K	-0.043x	-165.46%
2024-12-31	CA$20.78 Million ≈ $15.03 Million	CA$1.38 Million ≈ $996.10K	0.066x	-36.58%
2023-12-31	CA$19.90 Million ≈ $14.39 Million	CA$2.08 Million ≈ $1.50 Million	0.104x	+20.07%
2022-12-31	CA$21.00 Million ≈ $15.19 Million	CA$1.83 Million ≈ $1.32 Million	0.087x	-59.83%
2021-12-31	CA$18.41 Million ≈ $13.32 Million	CA$3.99 Million ≈ $2.89 Million	0.217x	+285.19%
2020-12-31	CA$19.15 Million ≈ $13.85 Million	CA$-2.24 Million ≈ $-1.62 Million	-0.117x	+78.47%
2019-12-31	CA$26.94 Million ≈ $19.49 Million	CA$-14.64 Million ≈ $-10.59 Million	-0.543x	-6219.98%
2018-12-31	CA$83.59 Million ≈ $60.47 Million	CA$742.27K ≈ $536.95K	0.009x	-96.73%
2017-12-31	CA$80.71 Million ≈ $58.38 Million	CA$21.92 Million ≈ $15.86 Million	0.272x	+65.07%
2016-12-31	CA$38.96 Million ≈ $28.18 Million	CA$6.41 Million ≈ $4.64 Million	0.165x	+414.14%
2015-12-31	CA$4.46 Million ≈ $3.23 Million	CA$142.79K ≈ $103.30K	0.032x	+126.41%
2014-12-31	CA$-3.91 Million ≈ $-2.83 Million	CA$473.97K ≈ $342.86K	-0.121x	-542.33%
2013-12-31	CA$-5.88 Million ≈ $-4.25 Million	CA$110.88K ≈ $80.21K	-0.019x	-108.24%
2012-12-31	CA$-4.33 Million ≈ $-3.13 Million	CA$-990.48K ≈ $-716.50K	0.229x	+199.88%
2011-12-31	CA$-1.82 Million ≈ $-1.32 Million	CA$417.29K ≈ $301.86K	-0.229x	-1190.93%
2010-12-31	CA$-26.89 Million ≈ $-19.45 Million	CA$477.48K ≈ $345.40K	-0.018x	-130.50%
2009-12-31	CA$-24.96 Million ≈ $-18.05 Million	CA$-1.45 Million ≈ $-1.05 Million	0.058x	-89.08%
2008-12-31	CA$-19.55 Million ≈ $-14.14 Million	CA$-10.42 Million ≈ $-7.54 Million	0.533x	-91.65%
2007-12-31	CA$-6.56 Million ≈ $-4.74 Million	CA$-41.86 Million ≈ $-30.28 Million	6.386x	+967.70%
2006-12-31	CA$34.31 Million ≈ $24.82 Million	CA$-25.25 Million ≈ $-18.26 Million	-0.736x	-115.75%
2005-12-31	CA$37.17 Million ≈ $26.89 Million	CA$-12.68 Million ≈ $-9.17 Million	-0.341x	+79.25%
2004-12-31	CA$7.34 Million ≈ $5.31 Million	CA$-12.07 Million ≈ $-8.73 Million	-1.644x	-476.36%
2003-12-31	CA$21.57 Million ≈ $15.60 Million	CA$-6.15 Million ≈ $-4.45 Million	-0.285x	+64.61%
2002-12-31	CA$4.94 Million ≈ $3.58 Million	CA$-3.98 Million ≈ $-2.88 Million	-0.806x	-73.80%
2001-12-31	CA$8.99 Million ≈ $6.50 Million	CA$-4.17 Million ≈ $-3.01 Million	-0.464x	+34.57%
2000-12-31	CA$3.85 Million ≈ $2.79 Million	CA$-2.73 Million ≈ $-1.97 Million	-0.709x	--

About Medicure Inc

V:MPH Canada Drug Manufacturers - Specialty & Generic

Market Cap

$8.08 Million

CA$11.17 Million CAD

Market Cap Rank

#27568 Global

#1182 in Canada

Share Price

CA$1.07

Change (1 day)

+2.88%

52-Week Range

CA$0.90 - CA$1.43

All Time High

CA$10.58