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.

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. Read debt load of Can2 Termik AS for a breakdown of total debt and financial obligations.

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
Sonda S.A SN:SONDA	0.057x
Bin Chuan Enterprise Co Ltd TWO:1569	-0.071x
Trailblazer Acquisition Corp. Class A Ordinary Shares NASDAQ:BLZR	0.000x
Claritev Corporation NYSE:CTEV	-0.397x
ProKidney Corp. NASDAQ:PROK	-0.084x
Odfjell Technology Ltd OL:OTL	0.083x
Jiin Yeeh Ding Enterprise Co Ltd TWO:8390	0.035x
RiverNorth Managed Duration Municipal Income Fund Inc NYSE:RMM	0.008x

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

$277.50 Million

TL12.39 Billion TRY

Market Cap Rank

#15310 Global

#162 in Turkey

Share Price

TL1.77

Change (1 day)

+0.00%

52-Week Range

TL1.46 - TL2.71

All Time High

TL9.17