Envirotech Vehicles Inc (EVTV) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Envirotech Vehicles Inc (EVTV) has a cash flow conversion efficiency ratio of -0.489x 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 ($-910.43K) by net assets ($1.86 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Envirotech Vehicles Inc - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Envirotech Vehicles Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read EVTV total liabilities for a breakdown of total debt and financial obligations.
Envirotech Vehicles Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Envirotech Vehicles Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
TIMES CHINA HLDGS HD -10
F:T2H
|
N/A |
|
Sonnet Biotherapeutics Holdings Inc
NASDAQ:SONN
|
0.577x |
|
Oncosil Medical Ltd
AU:OSL
|
-1.814x |
|
PEREGRINE GOLD LTD
F:9VA
|
N/A |
|
Korporacja Gospodarcza efekt S.A
WAR:EFK
|
-0.094x |
|
Major Development Public Company Limited
BK:MJD
|
-0.052x |
|
COSCIENS Biopharma Inc.
NASDAQ:CSCI
|
-0.627x |
|
Asuransi Bintang Tbk
JK:ASBI
|
-0.011x |
Annual Cash Flow Conversion Efficiency for Envirotech Vehicles Inc (2013–2024)
The table below shows the annual cash flow conversion efficiency of Envirotech Vehicles Inc from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Envirotech Vehicles Inc.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $20.92 Million | $-3.50 Million | -0.168x | +18.58% |
| 2023-12-31 | $20.63 Million | $-4.25 Million | -0.206x | +11.43% |
| 2022-12-31 | $31.99 Million | $-7.43 Million | -0.232x | -32.41% |
| 2021-12-31 | $73.74 Million | $-12.94 Million | -0.175x | +94.57% |
| 2020-12-31 | $-472.16K | $1.53 Million | -3.233x | -131.55% |
| 2019-12-31 | $3.28 Million | $-4.58 Million | -1.396x | -88.49% |
| 2018-12-31 | $7.60 Million | $-5.63 Million | -0.741x | +68.93% |
| 2017-12-31 | $2.34 Million | $-5.58 Million | -2.384x | -321.90% |
| 2016-12-31 | $-2.71 Million | $-2.91 Million | 1.074x | -56.78% |
| 2015-12-31 | $-846.00K | $-2.10 Million | 2.486x | -91.83% |
| 2013-12-31 | $-46.88K | $-1.43 Million | 30.421x | -- |
About Envirotech Vehicles Inc
Envirotech Vehicles, Inc. manufactures and provides zero-emission electric vehicles in the United States. It offers class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks. The company also provides vehicle maintenance and safety inspection services. It serves commer… Read more