CoinSmart Financial Inc
CoinSmart Financial Inc., a fintech company, operates online crypto asset trading platform in Canada, Europe, and the United States. Its platform provides a secure and intuitive platform for trading crypto assets. CoinSmart Financial Inc. is headquartered in Toronto, Canada.
CoinSmart Financial Inc (SMRT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2023: -0.279x
Based on the latest financial reports, CoinSmart Financial Inc (SMRT) has a cash flow conversion efficiency ratio of -0.279x as of March 2023.
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 (CA$-2.45 Million) by net assets (CA$8.78 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
CoinSmart Financial Inc - Cash Flow Conversion Efficiency Trend (2020–2022)
This chart illustrates how CoinSmart Financial Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
CoinSmart Financial Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of CoinSmart Financial Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Plaza Wires Limited
NSE:PLAZACABLE
|
-0.027x |
|
MAST ENERGY DEV. LS -001
F:97D
|
N/A |
|
Pangenomic Health Inc.
F:LL3
|
0.827x |
|
Scandium Canada Ltd
PINK:SCDCF
|
-0.046x |
|
Key ASIC Bhd
KLSE:0143
|
-0.043x |
|
Centurion Acquisition Corp. Warrant
NASDAQ:ALFUW
|
-0.001x |
|
SemiLEDS Corporation
NASDAQ:LEDS
|
0.174x |
|
Silgo Retail Limited
NSE:SILGO
|
-0.456x |
Annual Cash Flow Conversion Efficiency for CoinSmart Financial Inc (2020–2022)
The table below shows the annual cash flow conversion efficiency of CoinSmart Financial Inc from 2020 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | CA$8.36 Million | CA$4.19 Million | 0.501x | +5752.90% |
| 2021-12-31 | CA$18.80 Million | CA$161.04K | 0.009x | -99.77% |
| 2020-12-31 | CA$1.14 Million | CA$4.30 Million | 3.780x | -- |