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. See SMRT equity to assets ratio to measure how much of total assets are equity-financed.

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. Check how high is CoinSmart Financial Inc's earnings quality to evaluate the quality of earnings relative to operating cash generation.

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
Adventa Bhd KLSE:7191	-0.054x
Rain Enhancement Technologies Holdco, Inc. Class A Common Stock NASDAQ:RAIN	0.026x
Leslies Inc NASDAQ:LESL	0.166x
Redivium Ltd AU:RIL	2.594x
Atlas Menkul Kiymetler Yatirim Ortakligi AS IS:ATLAS	0.034x
Entero Therapeutics, Inc. NASDAQ:ENTO	-0.010x
Emerge Commerce Ltd V:ECOM	-0.121x
Era Graharealty PT Tbk JK:IPAC	0.075x

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 CoinSmart Financial Inc (SMRT) total market value.

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

#27161 Global

#1134 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