Substrate AI S.A. (SAI) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Substrate AI S.A. (SAI) has a cash flow conversion efficiency ratio of 0.010x as of December 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 (€434.98K ≈ $508.54K USD) by net assets (€42.61 Million ≈ $49.81 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 Substrate AI S.A. balance sheet quality to measure how much of total assets are equity-financed.
Substrate AI S.A. - Cash Flow Conversion Efficiency Trend (2021–2025)
This chart illustrates how Substrate AI S.A.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Substrate AI S.A. to evaluate the quality of earnings relative to operating cash generation.
Substrate AI S.A. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Substrate AI S.A. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
HANBIT SOFT Inc
KQ:047080
|
0.030x |
|
MMC Sanayi ve Ticari Yatirimlar AS
IS:MMCAS
|
0.001x |
|
Pungkang Co. Ltd
KQ:093380
|
0.048x |
|
Energean Oil & Gas PLC
LSE:ENOG
|
0.428x |
|
Amj Land Holdings Limited
NSE:AMJLAND
|
0.044x |
|
Sub Sri Thai Public Company Limited
BK:SST
|
0.054x |
|
Lagnam Spintex Limited
NSE:LAGNAM
|
0.366x |
|
DCM Limited
NSE:DCM
|
-0.038x |
Annual Cash Flow Conversion Efficiency for Substrate AI S.A. (2021–2025)
The table below shows the annual cash flow conversion efficiency of Substrate AI S.A. from 2021 to 2025. For the full company profile with market capitalisation and key ratios, see market value of Substrate AI S.A..
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | €42.61 Million ≈ $49.81 Million |
€1.57 Million ≈ $1.83 Million |
0.037x | -75.80% |
| 2024-12-31 | €41.75 Million ≈ $48.81 Million |
€6.35 Million ≈ $7.42 Million |
0.152x | +199.26% |
| 2023-12-31 | €23.75 Million ≈ $27.77 Million |
€-3.64 Million ≈ $-4.26 Million |
-0.153x | -2.64% |
| 2022-12-31 | €17.59 Million ≈ $20.56 Million |
€-2.63 Million ≈ $-3.07 Million |
-0.149x | -337.70% |
| 2021-12-31 | €26.63 Million ≈ $31.13 Million |
€-908.24K ≈ $-1.06 Million |
-0.034x | -- |
About Substrate AI S.A.
Substrate Artificial Inteligence, S.A., together with its subsidiaries, engages in the creation and development of artificial intelligence systems in Spain, the United Kingdom, the United States, and Latin America. The company offers compute and cloud; storage and data fabric; networking; security and governance; AI platforms and agents; and developer access. Its products are used in AI and techn… Read more