Smart Cannabis Corp
Smart Cannabis Corp. operates in the agriculture and cannabis industries. The company, through its subsidiary, Next Generation Farming, Inc., provides turnkey, automated, commercial greenhouses systems that improve yields and decrease water consumption for cultivators of organic food and cannabis crops. The company was founded in 2010 and is based in Lake Forest, California.
Smart Cannabis Corp (SCNA) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2017: 0.169x
Based on the latest financial reports, Smart Cannabis Corp (SCNA) has a cash flow conversion efficiency ratio of 0.169x as of June 2017.
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 ($175.13K) by net assets ($1.03 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Smart Cannabis Corp - Cash Flow Conversion Efficiency Trend (2006–2019)
This chart illustrates how Smart Cannabis Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Smart Cannabis Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Smart Cannabis Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Bell Buckle Holdings
PINK:BLLB
|
0.036x |
|
American Diversified Holdings Corp
PINK:ADHC
|
0.003x |
|
Medical Care Technologies Inc
PINK:MDCE
|
-0.058x |
|
FIDELITY LIFE ASSURANCE COMPANY LIMITED
XZIM:FIDL
|
N/A |
|
MACROMILL INC. O.N.
F:MA5
|
N/A |
|
SECURE ELECTRONIC TECHNOLOGY PLC
XNSA:NSLTECH
|
N/A |
|
Vita Mobile Systems Inc
PINK:VMSI
|
N/A |
|
REGENCY ASSURANCE PLC
XNSA:REGALINS
|
N/A |
Annual Cash Flow Conversion Efficiency for Smart Cannabis Corp (2006–2019)
The table below shows the annual cash flow conversion efficiency of Smart Cannabis Corp from 2006 to 2019.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2019-12-31 | $-831.92K | $-2.59 Million | 3.112x | +145.65% |
| 2018-12-31 | $76.54K | $-521.84K | -6.818x | -877.81% |
| 2017-12-31 | $583.56K | $511.53K | 0.877x | +280.97% |
| 2016-12-31 | $6.23K | $1.43K | 0.230x | +3.80% |
| 2015-12-31 | $-57.61 | $-12.77 | 0.222x | +135.93% |
| 2014-12-31 | $466.40 | $43.82 | 0.094x | -30.81% |
| 2013-12-31 | $-231.44K | $-31.43K | 0.136x | -97.39% |
| 2007-12-31 | $-43.87K | $-228.59K | 5.210x | +492.72% |
| 2006-12-31 | $133.95K | $-177.72K | -1.327x | -- |