CoinSmart Financial Inc (SMRT) - Cash Flow Conversion Efficiency
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 ≈ $-1.77 Million USD) by net assets (CA$8.78 Million ≈ $6.35 Million USD). 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. Read SMRT current and long-term liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Inno Holdings Inc. Common Stock
NASDAQ:INHD
|
-0.106x |
|
Leslies Inc
NASDAQ:LESL
|
0.166x |
|
CPL Group Public Company Limited
BK:CPL
|
0.066x |
|
Transocean Holdings Bhd
KLSE:7218
|
-0.015x |
|
Exact Therapeutics AS
OL:EXTX
|
-0.697x |
|
The European Smaller Companies Trust PLC
LSE:ESCT
|
-0.003x |
|
Semac Consultants Limited
NSE:SEMAC
|
-0.027x |
|
Titan Logix Corp.
V:TLA
|
-0.030x |
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. For the full company profile with market capitalisation and key ratios, see SMRT market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | CA$8.36 Million ≈ $6.05 Million |
CA$4.19 Million ≈ $3.03 Million |
0.501x | +5752.90% |
| 2021-12-31 | CA$18.80 Million ≈ $13.60 Million |
CA$161.04K ≈ $116.50K |
0.009x | -99.77% |
| 2020-12-31 | CA$1.14 Million ≈ $822.02K |
CA$4.30 Million ≈ $3.11 Million |
3.780x | -- |
About 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.