TECO 2030 ASA
TECO 2030 ASA, together with its subsidiaries, operates as an engineering and equipment development company in the United States, Asia, South America, and Europe. The company offers TECO stack, a liquid-cooled fuel cell stack that provides hydrogen-electric power for marine, stationary, automotive, locomotive, and aircraft applications; fuel cell module 400kW, a modular fuel cell system for heavy… Read more
TECO 2030 ASA (TECFF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.249x
Based on the latest financial reports, TECO 2030 ASA (TECFF) has a cash flow conversion efficiency ratio of -0.249x as of June 2024.
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 ($-9.71 Million) by net assets ($38.96 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
TECO 2030 ASA - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how TECO 2030 ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
TECO 2030 ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of TECO 2030 ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Terrace Energy Corp.
PINK:TCRRF
|
-0.077x |
|
WILLIAMS GP HD G-CT
BE:WGF1
|
N/A |
|
Invesco Pennsylvania Value Municipal Income Trust
NYSE:VPV
|
0.021x |
|
Carlyle Secured Lending Inc
NASDAQ:CGBD
|
0.027x |
|
CCCMU
NASDAQ:CCCMU
|
N/A |
|
Sizzle Acquisition Corp. II Unit
NASDAQ:SZZLU
|
N/A |
|
Oicintra Inc
PINK:OICT
|
0.000x |
|
EURONAV (OCW.SG)
STU:OCW
|
0.075x |
Annual Cash Flow Conversion Efficiency for TECO 2030 ASA (2019–2023)
The table below shows the annual cash flow conversion efficiency of TECO 2030 ASA from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $5.75 Million | $-60.40 Million | -10.509x | -1250.33% |
| 2022-12-31 | $102.09 Million | $-79.45 Million | -0.778x | -114.12% |
| 2021-12-31 | $104.59 Million | $-38.01 Million | -0.363x | +16.19% |
| 2020-12-31 | $55.61 Million | $-24.12 Million | -0.434x | -38.85% |
| 2019-12-31 | $7.48 Million | $-2.34 Million | -0.312x | -- |