Smartiks Yazilim AS Cash Flow Conversion Efficiency
Smartiks Yazilim AS cash flow conversion efficiency. Based on the latest financial reports, Smartiks Yazilim AS (SMART) has a cash flow conversion efficiency ratio of 0.098x as of March 2025. 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 (TL37.63 Million ≈ $842.86K USD) by net assets (TL385.70 Million ≈ $8.64 Million 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 Smartiks Yazilim AS (2017–2024)
Cash flow conversion efficiency of Smartiks Yazilim AS from 2017 to 2024. This chart illustrates how Smartiks Yazilim AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. View SMART stock price for real-time trading data and today's change.
Smartiks Yazilim AS Cash Flow Conversion Ratio Explained
Smartiks Yazilim AS 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.
Smartiks Yazilim AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Smartiks Yazilim AS ranked by their cash flow conversion efficiency. Also see Smartiks Yazilim AS (SMART) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MAA Group Bhd
KLSE:1198
|
0.035x |
|
ENDRA Life Sciences Inc
NASDAQ:NDRA
|
-0.147x |
|
NGS Group AB (publ)
ST:NGS
|
0.030x |
|
Sintex Plastics Technology Limited
NSE:SPTL
|
-11.870x |
|
Snipp Interactive Inc
V:SPN
|
-0.018x |
|
Baijiayun Group Ltd
NASDAQ:RTC
|
-1.214x |
|
Total Telcom Inc
V:TTZ
|
0.033x |
|
Voltaic Strategic Resources Ltd
AU:VSR
|
-0.017x |
Annual Cash Flow Conversion Efficiency for Smartiks Yazilim AS (2017–2024)
The table below shows the annual cash flow conversion efficiency of Smartiks Yazilim AS from 2017 to 2024. Review SMART FCF generation index 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 |
|---|---|---|---|---|
| 2024-12-31 | TL346.23 Million ≈ $7.75 Million |
TL117.02 Million ≈ $2.62 Million |
0.338x | +6.05% |
| 2023-12-31 | TL333.01 Million ≈ $7.46 Million |
TL106.13 Million ≈ $2.38 Million |
0.319x | -19.79% |
| 2022-12-31 | TL75.38 Million ≈ $1.69 Million |
TL29.95 Million ≈ $670.85K |
0.397x | +10.79% |
| 2021-12-31 | TL68.90 Million ≈ $1.54 Million |
TL24.71 Million ≈ $553.52K |
0.359x | +30.37% |
| 2020-12-31 | TL65.21 Million ≈ $1.46 Million |
TL17.94 Million ≈ $401.83K |
0.275x | -3.89% |
| 2019-12-31 | TL61.70 Million ≈ $1.38 Million |
TL17.66 Million ≈ $395.57K |
0.286x | -7.52% |
| 2018-12-31 | TL27.61 Million ≈ $618.40K |
TL8.55 Million ≈ $191.42K |
0.310x | -30.97% |
| 2017-12-31 | TL18.86 Million ≈ $422.35K |
TL8.46 Million ≈ $189.40K |
0.448x | -- |
About Smartiks Yazilim AS
Smartiks Yazilim A.S. provides business solutions, software development, and consultancy services in Türkiye. It offers data security, outsourcing, analysis and process management, data science, data warehouse, customer relationship management, human resources, and software development services. The company was founded in 2006 and is based in Istanbul, Türkiye.