Smartiks Yazilim AS (SMART) - Cash Flow Conversion Efficiency

Latest as of March 2025: 0.098x

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. See Smartiks Yazilim AS (SMART) net asset quality to measure how much of total assets are equity-financed.

Smartiks Yazilim AS - Cash Flow Conversion Efficiency Trend (2017–2024)

This chart illustrates how Smartiks Yazilim AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check SMART operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

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.

Company	Cash Flow Conversion Efficiency
Voyageur Pharmaceuticals Ltd V:VM	-0.295x
AlphaVest Acquisition Corp Ordinary Shares NASDAQ:ATMV	0.004x
Hui Srl VI:HUI	N/A
ATP 30 Public Company Limited BK:ATP30	0.090x
Galileo Mining Ltd AU:GAL	-0.001x
Baid Finserv Limited NSE:BAIDFIN	0.008x
Millennium Group International Holdings Limited Ordinary Shares NASDAQ:MGIH	-0.051x
ALMA METALS LTD. CUFS1 F:BP60	N/A

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. For the full company profile with market capitalisation and key ratios, see Smartiks Yazilim AS market capitalisation.

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

IS:SMART Turkey Software - Infrastructure

Market Cap

$16.78 Million

TL749.41 Million TRY

Market Cap Rank

#25619 Global

#451 in Turkey

Share Price

TL23.52

Change (1 day)

-0.42%

52-Week Range

TL21.82 - TL41.00

All Time High

TL66.80