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 Can2 Termik AS (CANTE) net asset quality to measure how much of total assets are equity-financed.

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. Check cash flow quality index of Can2 Termik AS to evaluate the quality of earnings relative to operating cash generation.

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
GuocoLand (Malaysia) Bhd KLSE:1503	-0.003x
Zeng Hsing Industrial Co Ltd TW:1558	0.031x
Lithium Royalty Corp TO:LIRC	-0.001x
Eastern Media International Corp TW:2614	0.080x
Korea Alcohol Industrial Co. Ltd KQ:017890	0.025x
D2L Inc TO:DTOL	-0.196x
Catella AB (publ) ST:CAT-B	0.009x
Repro Med Systems Inc NASDAQ:KRMD	0.001x

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 CANTE market cap overview.

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

$185.00 Million

TL8.26 Billion TRY

Market Cap Rank

#16841 Global

#198 in Turkey

Share Price

TL1.18

Change (1 day)

-1.67%

52-Week Range

TL1.18 - TL2.71

All Time High

TL9.17