FTC Solar Inc (FTCI) - Cash Flow Conversion Efficiency

Latest as of March 2026: 2.077x

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 FTCI equity financing ratio to measure how much of total assets are equity-financed.

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. Check earnings quality score of FTC Solar Inc to evaluate the quality of earnings relative to operating cash generation.

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
BitFuFu Inc. Class A Ordinary Shares
NASDAQ:FUFU
0.000x
Daeryuk Can Co. Ltd
KQ:004780
0.026x
Kolon Industries Inc
KO:120115
0.031x
Omax Autos Limited
NSE:OMAXAUTO
0.061x
Sýn hf
IC:SYN
0.105x
Dgenx Co. Ltd
KQ:113810
0.073x
Sand Nisko Capital Bhd
KLSE:7943
-0.028x
The Beachbody Company, Inc.
NASDAQ:BODI
-0.038x

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 how much is FTC Solar Inc worth.

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

NASDAQ:FTCI USA Solar
Market Cap
$44.01 Million
Market Cap Rank
#22316 Global
#4882 in USA
Share Price
$2.75
Change (1 day)
+4.56%
52-Week Range
$2.60 - $12.50
All Time High
$14.26
About

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