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. Also see SMT market cap overview for the company's overall valuation and market capitalisation.

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.

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. Explore Scottish Mortgage Investment Trust plc cash earnings quality to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
American Bitcoin Corp NASDAQ:ABTC	-0.032x
Korea Alcohol Industrial Co. Ltd KQ:017890	0.025x
Kongsberg Automotive Holding ASA OL:KOA	-0.007x
Hinduja Global Solutions Limited NSE:HGS	0.011x
HARIM Co. Ltd KQ:136480	0.021x
Gozde Girisim Sermayesi Yatirim Ortakligi AS IS:GOZDE	0.120x
Lindsay Australia Ltd AU:LAU	0.282x
MPC Münchmeyer Petersen Capital AG F:MPCK	0.058x

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. View Scottish Mortgage Investment Trust plc (SMT) share price today for real-time trading data and today's change.

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

$191.80 Million

GBX1.58 Trillion GBX

Market Cap Rank

#16788 Global

#86 in UK

Share Price

GBX1458.00

Change (1 day)

-0.68%

52-Week Range

GBX1028.50 - GBX1545.00

All Time High

GBX1545.00