Scottish Mortgage Investment Trust plc (SMT) — Cash Flow Quality Index
Scottish Mortgage Investment Trust plc (SMT) has a Cash Flow Quality Index of -0.01x as of September 2025. Operating cash flow of GBX-27.21 Million is below net income of GBX2.66 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore SMT long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Scottish Mortgage Investment Trust plc Cash Flow Quality Index (2013–2025)
Historical Cash Flow Quality Index for Scottish Mortgage Investment Trust plc across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check SMT intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Scottish Mortgage Investment Trust plc (2013–2025)
Year-by-year earnings quality comparison for Scottish Mortgage Investment Trust plc. For live market cap and the full company financial profile, see Scottish Mortgage Investment Trust plc (SMT) total market value.
| Year | Quality Index | Operating CF (GBX) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | -0.07x | GBX-82.46 Million | GBX1.22 Billion | ▼ -47.6% |
| 2024 | -0.05x | GBX-62.39 Million | GBX1.37 Billion | ▼ -626.4% |
| 2021 | -0.01x | GBX-57.96 Million | GBX9.22 Billion | ▲ +80.7% |
| 2020 | -0.03x | GBX-31.71 Million | GBX974.27 Million | ▼ -23.6% |
| 2019 | -0.03x | GBX-23.26 Million | GBX883.46 Million | ▼ -227.6% |
| 2018 | -0.01x | GBX-9.73 Million | GBX1.21 Billion | ▲ +1.8% |
| 2017 | -0.01x | GBX-10.65 Million | GBX1.30 Billion | ▼ -168.5% |
| 2015 | 0.01x | GBX8.85 Million | GBX740.97 Million | ▼ -65.8% |
| 2014 | 0.03x | GBX17.19 Million | GBX492.68 Million | ▼ -61.4% |
| 2013 | 0.09x | GBX25.60 Million | GBX283.49 Million | — |