Can2 Termik AS (CANTE) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.020x

Based on the latest financial reports, Can2 Termik AS (CANTE) has a cash flow conversion efficiency ratio of 0.020x as of September 2025. 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 (TL531.82 Million ≈ $11.91 Million USD) by net assets (TL26.48 Billion ≈ $593.07 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See CANTE cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Can2 Termik AS - Cash Flow Conversion Efficiency Trend (2018–2024)

This chart illustrates how Can2 Termik AS's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Can2 Termik AS Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Can2 Termik AS ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Ancom Berhad KLSE:4758	0.044x
NELCO Limited NSE:NELCO	0.086x
ODFJELL TECHNOLOGYLTD F:ND4	0.302x
Metall Zug AG SW:METN	-0.001x
Ajinomoto Malaysia Bhd KLSE:2658	0.050x
Pruksa Holding Public Company Limited BK:PSH	0.024x
Answer Technology Co Ltd TW:3528	-1.025x
BT Group Plc LSE:BT-A	0.154x

Annual Cash Flow Conversion Efficiency for Can2 Termik AS (2018–2024)

The table below shows the annual cash flow conversion efficiency of Can2 Termik AS from 2018 to 2024. For the full company profile with market capitalisation and key ratios, see Can2 Termik AS market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	TL22.54 Billion ≈ $504.93 Million	TL2.59 Billion ≈ $58.06 Million	0.115x	-70.56%
2023-12-31	TL16.83 Billion ≈ $376.91 Million	TL6.57 Billion ≈ $147.23 Million	0.391x	+67.20%
2022-12-31	TL4.41 Billion ≈ $98.75 Million	TL1.03 Billion ≈ $23.07 Million	0.234x	-77.72%
2021-12-31	TL2.62 Billion ≈ $58.58 Million	TL2.74 Billion ≈ $61.42 Million	1.048x	+311.99%
2020-12-31	TL792.46 Million ≈ $17.75 Million	TL201.66 Million ≈ $4.52 Million	0.254x	+174.91%
2019-12-31	TL750.77 Million ≈ $16.82 Million	TL-255.03 Million ≈ $-5.71 Million	-0.340x	-124.00%
2018-12-31	TL874.68 Million ≈ $19.59 Million	TL1.24 Billion ≈ $27.73 Million	1.415x	--

About Can2 Termik AS

IS:CANTE Turkey Utilities - Independent Power Producers

Market Cap

$232.04 Million

TL10.36 Billion TRY

Market Cap Rank

#16044 Global

#181 in Turkey

Share Price

TL1.48

Change (1 day)

-1.33%

52-Week Range

TL1.44 - TL2.71

All Time High

TL9.17