CoinSmart Financial Inc Cash Flow Conversion Efficiency
CoinSmart Financial Inc 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.
Cash Flow Conversion Efficiency of CoinSmart Financial Inc (2020–2022)
Cash flow conversion efficiency of CoinSmart Financial Inc from 2020 to 2022. This chart illustrates how CoinSmart Financial Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View CoinSmart Financial Inc (SMRT) stock price for real-time trading data and today's change.
CoinSmart Financial Inc Cash Flow Conversion Ratio Explained
CoinSmart Financial Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see market value of CoinSmart Financial Inc for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
BSA Ltd
AU:BSA
|
0.022x |
|
Techcential International Ltd
TWO:6616
|
0.038x |
|
Redivium Ltd
AU:RIL
|
2.594x |
|
NEWMARK SECURITY LS-005
F:NN10
|
N/A |
|
CytoMed Therapeutics Limited Ordinary Shares
NASDAQ:GDTC
|
-0.299x |
|
Pursuit Minerals Ltd
AU:PUR
|
-0.019x |
|
Entero Therapeutics, Inc.
NASDAQ:ENTO
|
-0.010x |
|
T.M.C. Industrial Public Company Limited
BK:TMC
|
-0.065x |
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. Review SMRT cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.
| 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.