FTC Solar Inc (FTCI) - Cash Flow Conversion Efficiency
Based on the latest financial reports, FTC Solar Inc (FTCI) has a cash flow conversion efficiency ratio of 2.077x as of March 2026. 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 ($-12.77 Million) by net assets ($-6.15 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See FTC Solar Inc (FTCI) defensive interval to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Av Gad Holdings Ltd
TA:AVGD
|
-0.357x |
|
Actinogen Medical Ltd
AU:ACW
|
-0.507x |
|
Sentelic Corp
TWO:4945
|
-0.084x |
|
MEGA International Development Co Ltd
TWO:5529
|
0.360x |
|
Kuantum Papers Limited
NSE:KUANTUM
|
0.115x |
|
Sat Nusapersada Tbk
JK:PTSN
|
0.036x |
|
Lumos Diagnostics Holdings Ltd
AU:LDX
|
0.149x |
|
Snowman Logistics Limited
NSE:SNOWMAN
|
0.109x |
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. For the full company profile with market capitalisation and key ratios, see FTC Solar Inc (FTCI) total market value.
| 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 | -- |
About 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 also offers trackers and software soluti… Read more