CoinSmart Financial Inc (SMRT) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-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

NEO:SMRT Canada Financial Technology (Fintech) & Infrastructure
Market Cap
$9.59 Million
CA$13.25 Million CAD
Market Cap Rank
#26973 Global
#1149 in Canada
Share Price
CA$0.22
Change (1 day)
+0.00%
52-Week Range
CA$0.22 - CA$0.22
All Time High
CA$1.24
About

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.