SmartCraft ASA (SMCRT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, SmartCraft ASA (SMCRT) has a cash flow conversion efficiency ratio of 0.031x as of June 2025. 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 (Nkr29.65 Million ≈ $3.12 Million USD) by net assets (Nkr955.85 Million ≈ $100.58 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 SmartCraft ASA net asset quality index to measure how much of total assets are equity-financed.
SmartCraft ASA - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how SmartCraft ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check cash flow quality index of SmartCraft ASA to evaluate the quality of earnings relative to operating cash generation.
SmartCraft ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of SmartCraft ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Development Investment Construction JSC
VN:DIG
|
0.114x |
|
Exemplar REITail Ltd
JSE:EXP
|
0.021x |
|
Artesian Resources Corporation
NASDAQ:ARTNA
|
0.041x |
|
Taiwan Optical Platform Co Ltd
TW:6464
|
0.038x |
|
Churchill Capital Corp IX
NASDAQ:CCIX
|
-0.001x |
|
Orascom Development Holding AG
SW:ODHN
|
0.072x |
|
Beijing Sanfo Outdoor Products Co Ltd
SHE:002780
|
-0.027x |
|
Yunnan luoping Zinc & Electricity Co Ltd
SHE:002114
|
0.044x |
Annual Cash Flow Conversion Efficiency for SmartCraft ASA (2018–2024)
The table below shows the annual cash flow conversion efficiency of SmartCraft ASA from 2018 to 2024. For the full company profile with market capitalisation and key ratios, see SmartCraft ASA (SMCRT) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr937.17 Million ≈ $98.62 Million |
Nkr179.01 Million ≈ $18.84 Million |
0.191x | +19.12% |
| 2023-12-31 | Nkr849.97 Million ≈ $89.44 Million |
Nkr136.30 Million ≈ $14.34 Million |
0.160x | +6.15% |
| 2022-12-31 | Nkr765.57 Million ≈ $80.56 Million |
Nkr115.65 Million ≈ $12.17 Million |
0.151x | -0.49% |
| 2021-12-31 | Nkr701.68 Million ≈ $73.84 Million |
Nkr106.53 Million ≈ $11.21 Million |
0.152x | -50.06% |
| 2020-12-31 | Nkr323.91 Million ≈ $34.09 Million |
Nkr98.47 Million ≈ $10.36 Million |
0.304x | +109.32% |
| 2019-12-31 | Nkr252.43 Million ≈ $26.56 Million |
Nkr36.66 Million ≈ $3.86 Million |
0.145x | +60.61% |
| 2018-12-31 | Nkr217.25 Million ≈ $22.86 Million |
Nkr19.64 Million ≈ $2.07 Million |
0.090x | -- |
About SmartCraft ASA
SmartCraft ASA provides software solutions to the construction industry in Norway, Sweden, Finland, and the United Kingdom. The company offers software, including Cordel, a SaaS solution; Bygglet, a SaaS born in the cloud solution; EL-VIS, a modular solution comprising services in the electricians' daily operations; and Congrid, a cloud-based tool for project management. It also provides Kvalitet… Read more