Tennant Company (TNC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Tennant Company (TNC) has a cash flow conversion efficiency ratio of 0.045x 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 ($28.70 Million) by net assets ($642.70 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Tennant Company - Cash Flow Conversion Efficiency Trend (1989–2024)
This chart illustrates how Tennant Company's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read TNC current and long-term liabilities for a breakdown of total debt and financial obligations.
Tennant Company Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tennant Company ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Karooooo Ltd
NASDAQ:KARO
|
0.167x |
|
Nyfosa AB (publ)
ST:NYF
|
0.012x |
|
Chang Wah Technology Co Ltd
TWO:6548
|
0.038x |
|
Healthcare Services Group Inc
NASDAQ:HCSG
|
0.116x |
|
Guangzhou Zhiguang Electric Co Ltd
SHE:002169
|
-0.008x |
|
Doosan Pref Shs
KO:000155
|
0.010x |
|
Tung Ho Steel Enterprise Corp
TW:2006
|
0.102x |
|
Accelerant Holdings
NYSE:ARX
|
0.105x |
Annual Cash Flow Conversion Efficiency for Tennant Company (1989–2024)
The table below shows the annual cash flow conversion efficiency of Tennant Company from 1989 to 2024. For the full company profile with market capitalisation and key ratios, see Tennant Company stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $622.10 Million | $89.70 Million | 0.144x | -55.74% |
| 2023-12-31 | $578.30 Million | $188.40 Million | 0.326x | +712.76% |
| 2022-12-31 | $472.10 Million | $-25.10 Million | -0.053x | -133.33% |
| 2021-12-31 | $435.10 Million | $69.40 Million | 0.160x | -51.59% |
| 2020-12-31 | $406.10 Million | $133.80 Million | 0.329x | +65.56% |
| 2019-12-31 | $361.30 Million | $71.90 Million | 0.199x | -21.28% |
| 2018-12-31 | $316.35 Million | $79.97 Million | 0.253x | +39.27% |
| 2017-12-31 | $298.47 Million | $54.17 Million | 0.182x | -12.65% |
| 2016-12-31 | $278.54 Million | $57.88 Million | 0.208x | +15.86% |
| 2015-12-31 | $252.21 Million | $45.23 Million | 0.179x | -15.21% |
| 2014-12-31 | $280.65 Million | $59.36 Million | 0.212x | -6.70% |
| 2013-12-31 | $263.85 Million | $59.81 Million | 0.227x | +12.03% |
| 2012-12-31 | $235.05 Million | $47.57 Million | 0.202x | -21.47% |
| 2011-12-31 | $220.85 Million | $56.91 Million | 0.258x | +30.95% |
| 2010-12-31 | $216.13 Million | $42.53 Million | 0.197x | -51.77% |
| 2009-12-31 | $184.28 Million | $75.19 Million | 0.408x | +128.09% |
| 2008-12-31 | $209.90 Million | $37.55 Million | 0.179x | +13.91% |
| 2007-12-31 | $252.43 Million | $39.64 Million | 0.157x | -10.55% |
| 2006-12-31 | $229.66 Million | $40.32 Million | 0.176x | -23.37% |
| 2005-12-31 | $193.10 Million | $44.24 Million | 0.229x | +8.64% |
| 2004-12-31 | $174.03 Million | $36.70 Million | 0.211x | +14.61% |
| 2003-12-31 | $165.62 Million | $30.47 Million | 0.184x | +47.56% |
| 2002-12-31 | $154.15 Million | $19.22 Million | 0.125x | -43.64% |
| 2001-12-31 | $154.33 Million | $34.14 Million | 0.221x | -11.80% |
| 2000-12-31 | $154.95 Million | $38.87 Million | 0.251x | -11.00% |
| 1999-12-31 | $135.90 Million | $38.30 Million | 0.282x | -13.74% |
| 1998-12-31 | $131.30 Million | $42.90 Million | 0.327x | +4.57% |
| 1997-12-31 | $134.10 Million | $41.90 Million | 0.312x | -9.70% |
| 1996-12-31 | $128.90 Million | $44.60 Million | 0.346x | +134.99% |
| 1995-12-31 | $114.10 Million | $16.80 Million | 0.147x | -44.18% |
| 1994-12-31 | $96.30 Million | $25.40 Million | 0.264x | +8.74% |
| 1993-12-31 | $84.10 Million | $20.40 Million | 0.243x | +2.46% |
| 1992-12-31 | $84.90 Million | $20.10 Million | 0.237x | -23.80% |
| 1991-12-31 | $76.60 Million | $23.80 Million | 0.311x | -8.29% |
| 1990-12-31 | $73.20 Million | $24.80 Million | 0.339x | -2.32% |
| 1989-12-31 | $74.10 Million | $25.70 Million | 0.347x | -- |
About Tennant Company
Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repai… Read more