Tenon Medical Inc (TNON) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Tenon Medical Inc (TNON) has a cash flow conversion efficiency ratio of -1.562x 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 ($-2.96 Million) by net assets ($1.90 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See TNON net asset quality index to measure how much of total assets are equity-financed.
Tenon Medical Inc - Cash Flow Conversion Efficiency Trend (2019–2025)
This chart illustrates how Tenon Medical Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore Tenon Medical Inc (TNON) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Tenon Medical Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tenon Medical Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Odd Burger Corp
V:ODD
|
0.012x |
|
Bioter S.A.
AT:BIOT
|
0.009x |
|
Norcros Plc
LSE:NXR
|
0.069x |
|
Impera Capital S.A.
WAR:IMP
|
-0.010x |
|
H&T Group plc
LSE:HAT
|
0.033x |
|
Sherpa II Holdings Corp
V:SHRP
|
-0.016x |
|
McBride plc
LSE:MCB
|
0.393x |
|
Alzamend Neuro Inc
NASDAQ:ALZN
|
-0.795x |
Annual Cash Flow Conversion Efficiency for Tenon Medical Inc (2019–2025)
The table below shows the annual cash flow conversion efficiency of Tenon Medical Inc from 2019 to 2025. For the full company profile with market capitalisation and key ratios, see TNON company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $5.04 Million | $-10.74 Million | -2.132x | -28.87% |
| 2024-12-31 | $5.97 Million | $-9.88 Million | -1.654x | +89.44% |
| 2023-12-31 | $778.00K | $-12.18 Million | -15.659x | -714.16% |
| 2022-12-31 | $6.25 Million | $-12.03 Million | -1.923x | -1021.00% |
| 2021-12-31 | $-20.55 Million | $-4.29 Million | 0.209x | +79.30% |
| 2020-12-31 | $-1.44 Million | $-167.36K | 0.116x | -20.07% |
| 2019-12-31 | $-1.61 Million | $-235.20K | 0.146x | -- |
About Tenon Medical Inc
Tenon Medical, Inc., a medical device company, engages in the development of implant for the treatment of severe lower back pain in the United States. The company offers Catamaran SI-Joint Fusion System, an invasive inferior-posterior approach to the sacroiliac joint (SI Joint) using a titanium implant for treatment of the most common types of SI Joint disorders that cause lower back pain. It als… Read more