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. Also see Can2 Termik AS market cap and net worth for the company's overall valuation and market capitalisation.

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. Explore Can2 Termik AS (CANTE) cash flow quality to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Huxen Corp TW:2433	0.060x
Spurcorp JSE:SUR	0.174x
Asian Sea Corporation Public Company Limited BK:ASIAN	0.060x
PTC India Financial Services Limited NSE:PFS	0.379x
The Reject Shop Ltd AU:TRS	0.447x
Kao Hsiung Chang Iron & Steel Corp TW:2008	-0.001x
Loncor Resources Inc TO:LN	-0.046x
inTest Corporation NYSE MKT:INTT	-0.010x

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. View CANTE stock price and chart for real-time trading data and today's change.

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

$183.43 Million

TL8.19 Billion TRY

Market Cap Rank

#16968 Global

#176 in Turkey

Share Price

TL1.17

Change (1 day)

+5.41%

52-Week Range

TL1.11 - TL2.71

All Time High

TL9.17