SolarBank Corporation Common Stock
SolarBank Corporation operates as an independent renewable and clean energy project developer, power producer, and asset operator in Canada and the United States. It focuses on solar photovoltaic power generation projects, battery energy storage systems, and EV-charging projects. The company provides expertise in the areas of site origination, utility grid interconnection, permitting, financing, … Read more
SolarBank Corporation Common Stock (SUUN) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2025: -0.051x
Based on the latest financial reports, SolarBank Corporation Common Stock (SUUN) has a cash flow conversion efficiency ratio of -0.051x as of March 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 ($-3.39 Million) by net assets ($66.75 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
SolarBank Corporation Common Stock - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how SolarBank Corporation Common Stock's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
SolarBank Corporation Common Stock Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of SolarBank Corporation Common Stock ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Yunsa Yunlu Sanayi ve Ticaret AS
IS:YUNSA
|
0.030x |
|
OPC Pharmaceutical JSC
VN:OPC
|
N/A |
|
Trident Resources Corp.
F:6BP0
|
-0.022x |
|
Frontier Digital Ventures Ltd
AU:FDV
|
0.022x |
|
Seoho Electric Co.Ltd
KQ:065710
|
0.229x |
|
Shindaeyang Pa
KO:016590
|
0.008x |
|
GBMCF
OTCQB:GBMCF
|
0.013x |
|
SysJust Co., Ltd.
TWO:3158
|
0.109x |
Annual Cash Flow Conversion Efficiency for SolarBank Corporation Common Stock (2021–2023)
The table below shows the annual cash flow conversion efficiency of SolarBank Corporation Common Stock from 2021 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $18.72 Million | $8.48 Million | 0.453x | +215.21% |
| 2022-12-31 | $16.63 Million | $2.39 Million | 0.144x | +272.86% |
| 2021-12-31 | $4.44 Million | $171.21K | 0.039x | -- |