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 defensive interval ratio of SmartCraft ASA to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Exemplar REITail Ltd
JSE:EXP
|
0.021x |
|
Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS
IS:KORDS
|
0.077x |
|
Integrated Diagnostics Holdings PLC
LSE:IDHC
|
0.051x |
|
Jiangsu Wanlin Modern Logistic
SHG:603117
|
0.017x |
|
Orascom Development Holding AG
SW:ODHN
|
0.072x |
|
Plano & Plano Desenvolvimento Imobiliário S.A
SA:PLPL3
|
-0.118x |
|
Galatasaray Sportif Sinai ve Ticari Yatirimlar AS
IS:GSRAY
|
-0.384x |
|
Cafe24 Corp
KQ:042000
|
0.058x |
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 market cap of SmartCraft ASA.
| 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