Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret (SMRTG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret (SMRTG) has a cash flow conversion efficiency ratio of 0.134x as of September 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 (TL503.47 Million ≈ $11.28 Million USD) by net assets (TL3.76 Billion ≈ $84.16 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 debt-free asset ratio of Smart Gunes Enerjisi Teknolojileri Arast to measure how much of total assets are equity-financed.
Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check SMRTG operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Paragon Globe Bhd
KLSE:3611
|
-0.008x |
|
Gevelot
PA:ALGEV
|
0.039x |
|
GeoVision Inc
TW:3356
|
-0.025x |
|
Mersana Therapeutics Inc
NASDAQ:MRSN
|
0.054x |
|
Talisker Resources Ltd
TO:TSK
|
-0.381x |
|
Rugvista Group AB
ST:RUG
|
0.000x |
|
China Wire & Cable Co Ltd
TW:1603
|
0.023x |
|
Southern Palladium Ltd
AU:SPD
|
-0.026x |
Annual Cash Flow Conversion Efficiency for Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret (2019–2024)
The table below shows the annual cash flow conversion efficiency of Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see SMRTG company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | TL3.51 Billion ≈ $78.70 Million |
TL1.49 Billion ≈ $33.42 Million |
0.425x | +154.36% |
| 2023-12-31 | TL3.07 Billion ≈ $68.82 Million |
TL-2.40 Billion ≈ $-53.76 Million |
-0.781x | -711.52% |
| 2022-12-31 | TL781.67 Million ≈ $17.51 Million |
TL-75.24 Million ≈ $-1.69 Million |
-0.096x | +67.78% |
| 2021-12-31 | TL200.61 Million ≈ $4.49 Million |
TL-59.94 Million ≈ $-1.34 Million |
-0.299x | -239.66% |
| 2020-12-31 | TL74.03 Million ≈ $1.66 Million |
TL15.84 Million ≈ $354.70K |
0.214x | +161.27% |
| 2019-12-31 | TL16.75 Million ≈ $375.07K |
TL-5.85 Million ≈ $-130.96K |
-0.349x | -- |
About Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret
Smart Günes Enerjisi Teknolojileri Arastirma ve Gelistirme Üretim Sanayi ve Ticaret A.S., an integrated solar technology company, produces solar photovoltaic modules in Turkey. The company also installs renewable energy plants; and provides engineering and labor services. In addition, it engages in selling and marketing various solar power plant system equipment. Further, the company is involved … Read more