Scottish Mortgage Investment Trust plc (SMT) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.002x

Based on the latest financial reports, Scottish Mortgage Investment Trust plc (SMT) has a cash flow conversion efficiency ratio of -0.002x 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 (GBX-27.21 Million ≈ $-3.31K USD) by net assets (GBX13.94 Billion ≈ $1.70 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 Scottish Mortgage Investment Trust plc net asset quality index to measure how much of total assets are equity-financed.

Scottish Mortgage Investment Trust plc - Cash Flow Conversion Efficiency Trend (2012–2025)

This chart illustrates how Scottish Mortgage Investment Trust plc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check SMT cash flow quality score to evaluate the quality of earnings relative to operating cash generation.

Scottish Mortgage Investment Trust plc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Scottish Mortgage Investment Trust plc ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Kolibri Global Energy Inc TO:KEI	0.033x
Crown Reserve Acquisition Corp. I Class A Ordinary Shares NASDAQ:CRAC	0.000x
Daehan Green Power Corporation KQ:060900	-0.002x
Barings Participation Investors (the Trust) NYSE:MPV	0.031x
BV Financial, Inc. Common Stock NASDAQ:BVFL	0.019x
Aplicaciones y Tratamiento de Sistemas S.A. MC:ATSI	0.029x
Sri Rejeki Isman(Sritex)PT JK:SRIL	0.007x
Hemisphere Energy Corporation V:HME	0.193x

Annual Cash Flow Conversion Efficiency for Scottish Mortgage Investment Trust plc (2012–2025)

The table below shows the annual cash flow conversion efficiency of Scottish Mortgage Investment Trust plc from 2012 to 2025. For the full company profile with market capitalisation and key ratios, see Scottish Mortgage Investment Trust plc (SMT) total market value.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	GBX12.08 Billion ≈ $1.47 Million	GBX-82.46 Million ≈ $-10.03K	-0.007x	-38.16%
2024-03-31	GBX12.63 Billion ≈ $1.54 Million	GBX-62.39 Million ≈ $-7.59K	-0.005x	+10.52%
2023-03-31	GBX11.50 Billion ≈ $1.40 Million	GBX-63.48 Million ≈ $-7.72K	-0.006x	+5.17%
2022-03-31	GBX14.76 Billion ≈ $1.80 Million	GBX-85.91 Million ≈ $-10.45K	-0.006x	-70.65%
2021-03-31	GBX16.99 Billion ≈ $2.07 Million	GBX-57.96 Million ≈ $-7.05K	-0.003x	+11.31%
2020-03-31	GBX8.24 Billion ≈ $1.00 Million	GBX-31.71 Million ≈ $-3.86K	-0.004x	-22.88%
2019-03-31	GBX7.43 Billion ≈ $904.01K	GBX-23.26 Million ≈ $-2.83K	-0.003x	-98.99%
2018-03-31	GBX6.19 Billion ≈ $752.87K	GBX-9.73 Million ≈ $-1.18K	-0.002x	+28.03%
2017-03-31	GBX4.87 Billion ≈ $592.98K	GBX-10.65 Million ≈ $-1.30K	-0.002x	-488.53%
2016-03-31	GBX3.46 Billion ≈ $420.67K	GBX-1.28 Million ≈ $-156.23	0.000x	-113.98%
2015-03-31	GBX3.33 Billion ≈ $405.56K	GBX8.85 Million ≈ $1.08K	0.003x	-59.86%
2014-03-31	GBX2.60 Billion ≈ $316.07K	GBX17.19 Million ≈ $2.09K	0.007x	-42.67%
2013-03-31	GBX2.22 Billion ≈ $269.91K	GBX25.60 Million ≈ $3.11K	0.012x	+6.41%
2012-03-31	GBX2.01 Billion ≈ $244.84K	GBX21.82 Million ≈ $2.66K	0.011x	--

About Scottish Mortgage Investment Trust plc

LSE:SMT UK Asset Management

Market Cap

$175.02 Million

GBX1.44 Trillion GBX

Market Cap Rank

#16999 Global

#91 in UK

Share Price

GBX1330.50

Change (1 day)

+1.18%

52-Week Range

GBX1028.50 - GBX1545.00

All Time High

GBX1545.00