Schmitt Industries Inc
Schmitt Industries, Inc., together with its subsidiaries, designs, manufactures, and sells test and measurement products worldwide. It operates through two segments, Measurement and Ice Cream. The Measurement segment designs, manufactures, and sells test and measurement products through its Acuity and Xact product lines. The Ice Cream segment invests in creamery manufacturing and consumer retaili… Read more
Schmitt Industries Inc (SMIT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of August 2022: -1.884x
Based on the latest financial reports, Schmitt Industries Inc (SMIT) has a cash flow conversion efficiency ratio of -1.884x as of August 2022.
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 ($-1.14 Million) by net assets ($605.21K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Schmitt Industries Inc - Cash Flow Conversion Efficiency Trend (1994–2022)
This chart illustrates how Schmitt 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.
Schmitt Industries Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Schmitt Industries Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Southstone Minerals Limited
PINK:FDGMF
|
0.027x |
|
POWER ASSETS
MU:HEH
|
N/A |
|
Phoenix Plus Corp.
PINK:PXPC
|
-0.113x |
|
GO Residential Real Estate Investment Trust
TO:GO-U
|
0.003x |
|
Zhongce Rubber Group Co Ltd
SHG:603049
|
N/A |
|
Nile City Investment
EGX:NCIN
|
N/A |
|
Aucyber Ltd
AU:CYB
|
-0.344x |
|
Altina Capital Corp
V:ALTN-P
|
-0.518x |
Annual Cash Flow Conversion Efficiency for Schmitt Industries Inc (1994–2022)
The table below shows the annual cash flow conversion efficiency of Schmitt Industries Inc from 1994 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-05-31 | $605.21K | $-8.05 Million | -13.297x | -622.24% |
| 2021-05-31 | $3.77 Million | $-6.94 Million | -1.841x | -76283.46% |
| 2020-05-31 | $11.89 Million | $28.74K | 0.002x | +102.86% |
| 2019-05-31 | $8.49 Million | $-716.61K | -0.084x | +19.90% |
| 2018-05-31 | $9.52 Million | $-1.00 Million | -0.105x | -395.89% |
| 2017-05-31 | $6.98 Million | $-148.29K | -0.021x | +79.25% |
| 2016-05-31 | $8.00 Million | $-819.81K | -0.102x | -349.10% |
| 2015-05-31 | $9.49 Million | $390.15K | 0.041x | +200.74% |
| 2014-05-31 | $9.61 Million | $-392.38K | -0.041x | +39.81% |
| 2013-05-31 | $10.02 Million | $-679.11K | -0.068x | -535.07% |
| 2012-05-31 | $10.48 Million | $163.40K | 0.016x | +128.30% |
| 2011-05-31 | $10.16 Million | $-559.43K | -0.055x | -33.83% |
| 2010-05-31 | $10.12 Million | $-416.51K | -0.041x | +59.21% |
| 2009-05-31 | $11.72 Million | $-1.18 Million | -0.101x | -255.90% |
| 2008-05-31 | $13.76 Million | $890.37K | 0.065x | -65.48% |
| 2007-05-31 | $11.36 Million | $2.13 Million | 0.187x | -21.99% |
| 2006-05-31 | $9.81 Million | $2.36 Million | 0.240x | +325.21% |
| 2005-05-31 | $7.98 Million | $451.01K | 0.057x | -15.33% |
| 2004-05-31 | $6.11 Million | $408.16K | 0.067x | -33.07% |
| 2003-05-31 | $5.67 Million | $565.08K | 0.100x | +186.46% |
| 2002-05-31 | $7.25 Million | $252.46K | 0.035x | +135.45% |
| 2001-05-31 | $8.93 Million | $-877.13K | -0.098x | -180.65% |
| 2000-05-31 | $10.13 Million | $1.23 Million | 0.122x | +284.42% |
| 1999-05-31 | $10.60 Million | $-700.00K | -0.066x | -144.19% |
| 1998-05-31 | $8.70 Million | $1.30 Million | 0.149x | +84.29% |
| 1997-05-31 | $7.40 Million | $600.00K | 0.081x | -60.27% |
| 1996-05-31 | $4.90 Million | $1.00 Million | 0.204x | +338.10% |
| 1995-05-31 | $3.50 Million | $-300.00K | -0.086x | -172.86% |
| 1994-05-31 | $3.40 Million | $400.00K | 0.118x | -- |