FTC Solar Inc
FTC Solar, Inc. engages in the manufacture and service of solar tracker systems in the United States, Asia, Europe, the Middle East, North Africa, South Africa, and Australia. The company provides a two modules-in-portrait solar tracker system under the Voyager brand name; and a one module-in-portrait solar tracker solution under the Pioneer brand name. It offers trackers and software solutions f… Read more
FTC Solar Inc (FTCI) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2025: 0.199x
Based on the latest financial reports, FTC Solar Inc (FTCI) has a cash flow conversion efficiency ratio of 0.199x as of December 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 ($-8.03 Million) by net assets ($-40.30 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
FTC Solar Inc - Cash Flow Conversion Efficiency Trend (2019–2025)
This chart illustrates how FTC Solar Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
FTC Solar Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of FTC Solar Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Topps Tiles Plc
PINK:TPTJF
|
2.378x |
|
Zomedica Pharmaceuticals Corp
NYSE MKT:ZOM
|
-0.050x |
|
Hi Sun Technology (China) Limited
PINK:HISNF
|
0.005x |
|
Famon Awal Bros Sedaya
JK:PRAY
|
0.026x |
|
Paragon Care Limited
F:PXS
|
0.001x |
|
Kinetic Group Inc
PINK:KNIT
|
0.000x |
|
Acconeer AB
ST:ACCON
|
-0.079x |
|
Tainan Enterprises Co Ltd
TW:1473
|
0.064x |
Annual Cash Flow Conversion Efficiency for FTC Solar Inc (2019–2025)
The table below shows the annual cash flow conversion efficiency of FTC Solar Inc from 2019 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $-40.30 Million | $-33.44 Million | 0.830x | +145.53% |
| 2024-12-31 | $19.04 Million | $-34.70 Million | -1.823x | -116.26% |
| 2023-12-31 | $62.47 Million | $-52.66 Million | -0.843x | -2.75% |
| 2022-12-31 | $66.45 Million | $-54.51 Million | -0.820x | +11.79% |
| 2021-12-31 | $142.87 Million | $-132.85 Million | -0.930x | -1201.56% |
| 2020-12-31 | $7.45 Million | $629.00K | 0.084x | +180.67% |
| 2019-12-31 | $-8.45 Million | $-254.00K | 0.030x | -- |