Smartiks Yazilim AS (SMART) — Financial Flexibility Index

Latest as of March 2025: 0.71x

Smartiks Yazilim AS (SMART) has a Financial Flexibility Index of 0.71x as of March 2025. Free cash flow of TL76.55 Million (operating CF TL37.63 Million minus capex TL38.92 Million) represents 1% of total liabilities (TL107.22 Million). Check SMART total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.71x
Free Cash Flow / Total Liabilities

Free Cash Flow

TL76.55 Million
Operating CF − Capex

Total Liabilities

TL107.22 Million
TRY

Capital Expenditures

TL38.92 Million
TRY

Smartiks Yazilim AS Financial Flexibility Index (2017–2024)

Historical Financial Flexibility Index trend for Smartiks Yazilim AS across 8 annual periods. For the full cash flow conversion analysis, see Smartiks Yazilim AS (SMART) cash conversion ratio.

Annual Financial Flexibility Index for Smartiks Yazilim AS (2017–2024)

Year-by-year free cash flow to debt coverage for Smartiks Yazilim AS. Explore Smartiks Yazilim AS cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (TRY) Operating CF Total Liabilities YoY Change
2024 2.56x TL258.97 Million TL117.02 Million TL101.35 Million ▲ +23.2%
2023 2.07x TL211.35 Million TL106.13 Million TL101.90 Million ▲ +173.0%
2022 0.76x TL30.50 Million TL29.95 Million TL40.14 Million ▼ -26.9%
2021 1.04x TL25.34 Million TL24.71 Million TL24.39 Million ▼ -7.3%
2020 1.12x TL18.06 Million TL17.94 Million TL16.11 Million ▼ -26.2%
2019 1.52x TL17.80 Million TL17.66 Million TL11.71 Million ▲ +177.6%
2018 0.55x TL8.80 Million TL8.55 Million TL16.08 Million ▼ -24.9%
2017 0.73x TL8.57 Million TL8.46 Million TL11.75 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities