SMG Industries Inc
SMG Industries Inc. operates as a transportation services company in the United States. It engages in the transportation of infrastructure components, such as bridge beams and power generation transformers; wind energy components; and midstream compressors. The company is also involved in the heavy haul of production equipment, heat exchangers, coolers, construction equipment, and refinery compon… Read more
SMG Industries Inc (SMGI) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: 0.044x
Based on the latest financial reports, SMG Industries Inc (SMGI) has a cash flow conversion efficiency ratio of 0.044x as of September 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 ($654.28K) by net assets ($15.01 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
SMG Industries Inc - Cash Flow Conversion Efficiency Trend (2008–2022)
This chart illustrates how SMG Industries Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
SMG Industries Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of SMG Industries Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SEVERN TRENT
BE:SVT1
|
N/A |
|
MVV ENERGIE N - Dusseldorf Stock Exchang
DU:MVV1
|
0.140x |
|
SWEDBANK -A- - Dusseldorf Stock Exchang
DU:FRYA
|
-0.130x |
|
Triodos Bank N.V.
AS:TRIO
|
N/A |
|
Samsung Leverage ChinaA50 Futures ETN(H)
KO:530023
|
N/A |
|
ABM International Limited
NSE:ABMINTLLTD
|
0.002x |
|
BELLWAY
BE:41B
|
N/A |
|
Defense Technologies International Corp
PINK:DTII
|
0.018x |
Annual Cash Flow Conversion Efficiency for SMG Industries Inc (2008–2022)
The table below shows the annual cash flow conversion efficiency of SMG Industries Inc from 2008 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $-26.52 Million | $-725.40K | 0.027x | -94.60% |
| 2021-12-31 | $-16.15 Million | $-8.18 Million | 0.506x | +37.83% |
| 2020-12-31 | $-10.82 Million | $-3.97 Million | 0.367x | +20.38% |
| 2019-12-31 | $-921.45K | $-281.10K | 0.305x | -92.23% |
| 2018-12-31 | $-97.95K | $-384.38K | 3.924x | +448.27% |
| 2017-12-31 | $-582.12K | $-416.66K | 0.716x | +214.36% |
| 2016-12-31 | $552.60K | $-345.86K | -0.626x | +1.17% |
| 2015-12-31 | $930.24K | $-589.08K | -0.633x | -115.52% |
| 2014-12-31 | $4.63 Million | $18.90 Million | 4.079x | +589.83% |
| 2013-12-31 | $16.06 Million | $9.50 Million | 0.591x | +450.60% |
| 2012-12-31 | $28.64 Million | $-4.83 Million | -0.169x | +80.22% |
| 2011-12-31 | $25.06 Million | $-21.37 Million | -0.853x | -22.53% |
| 2010-12-31 | $4.97 Million | $-3.46 Million | -0.696x | -152.39% |
| 2009-12-31 | $4.48 Million | $-1.23 Million | -0.276x | -184.44% |
| 2008-12-31 | $-6.89K | $-2.25K | 0.326x | -- |