Spear REIT Ltd (SEA) - Cash Flow Conversion Efficiency

Latest as of February 2026: 0.045x

Based on the latest financial reports, Spear REIT Ltd (SEA) has a cash flow conversion efficiency ratio of 0.045x as of February 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 (ZAC244.52 Million ≈ $129.95K USD) by net assets (ZAC5.39 Billion ≈ $2.86 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 how many days can Spear REIT Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Spear REIT Ltd - Cash Flow Conversion Efficiency Trend (2017–2026)

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

Spear REIT Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Spear REIT Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
HEBA Fastighets AB (publ) ST:HEBA-B	0.019x
Xunlei Ltd Adr NASDAQ:XNET	0.002x
Barings Corporate Investors NYSE:MCI	0.013x
Bigcommerce Holdings Inc NASDAQ:BIGC	0.350x
Autolus Therapeutics plc F:6A3A	-0.378x
Lontrue Co Ltd SHE:300175	-0.111x
Hotel Majestic Cannes PA:MLHMC	0.033x
Shandong Minhe Animal Husbandry Co Ltd SHE:002234	0.026x

Annual Cash Flow Conversion Efficiency for Spear REIT Ltd (2017–2026)

The table below shows the annual cash flow conversion efficiency of Spear REIT Ltd from 2017 to 2026. For the full company profile with market capitalisation and key ratios, see SEA market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-02-28	ZAC5.39 Billion ≈ $2.86 Million	ZAC396.12 Million ≈ $210.52K	0.073x	+291.56%
2025-02-28	ZAC3.92 Billion ≈ $2.08 Million	ZAC73.61 Million ≈ $39.12K	0.019x	-72.17%
2024-02-29	ZAC3.08 Billion ≈ $1.64 Million	ZAC207.82 Million ≈ $110.45K	0.067x	+307.92%
2023-02-28	ZAC2.61 Billion ≈ $1.39 Million	ZAC43.12 Million ≈ $22.91K	0.017x	+31.10%
2022-02-28	ZAC2.67 Billion ≈ $1.42 Million	ZAC33.72 Million ≈ $17.92K	0.013x	+183.93%
2021-02-28	ZAC2.39 Billion ≈ $1.27 Million	ZAC10.62 Million ≈ $5.65K	0.004x	-67.85%
2020-02-29	ZAC2.52 Billion ≈ $1.34 Million	ZAC34.83 Million ≈ $18.51K	0.014x	+77.87%
2019-02-28	ZAC2.35 Billion ≈ $1.25 Million	ZAC18.25 Million ≈ $9.70K	0.008x	-59.80%
2018-02-28	ZAC1.97 Billion ≈ $1.05 Million	ZAC38.10 Million ≈ $20.25K	0.019x	-50.78%
2017-02-28	ZAC986.81 Million ≈ $524.44K	ZAC38.74 Million ≈ $20.59K	0.039x	--

About Spear REIT Ltd

JSE:SEA South Africa REIT - Diversified

Market Cap

$362.00 Million

ZAC681.16 Billion ZAC

Market Cap Rank

#14065 Global

#112 in South Africa

Share Price

ZAC1330.00

Change (1 day)

+0.99%

52-Week Range

ZAC995.00 - ZAC1405.00

All Time High

ZAC1405.00