SmartCraft ASA Cash Flow Conversion Efficiency
SmartCraft ASA 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.
Cash Flow Conversion Efficiency of SmartCraft ASA (2018–2024)
Cash flow conversion efficiency of SmartCraft ASA from 2018 to 2024. This chart illustrates how SmartCraft ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of SmartCraft ASA for real-time trading data and today's change.
SmartCraft ASA Cash Flow Conversion Ratio Explained
SmartCraft ASA 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.
SmartCraft ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of SmartCraft ASA ranked by their cash flow conversion efficiency. Also see market cap of SmartCraft ASA for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Zinwell Corporation
TW:2485
|
-0.022x |
|
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700
|
0.026x |
|
Hefei Gocom Information Technology Co Ltd
SHG:688367
|
0.036x |
|
Perfect Group Corp Ltd Class A
SHG:603059
|
0.048x |
|
United Malacca Bhd
KLSE:2593
|
0.035x |
|
Yest Ltd
KQ:122640
|
-0.029x |
|
Churchill Capital Corp IX
NASDAQ:CCIX
|
-0.001x |
|
ADD Industry Zhejiang Co Ltd
SHG:603089
|
0.012x |
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. Review SmartCraft ASA free cash flow efficiency 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 |
|---|---|---|---|---|
| 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