Trutankless Inc
Trutankless, Inc. engages in the research, development, marketing, distribution, and sale of smart electric tankless water heaters in the United States. The company provides water heaters under the Trutankless name; and home.trutankless.com, a customizable online control panel that enables residential and commercial users to obtain real-time status reports, adjust unit temperature settings, view … Read more
Trutankless Inc (TKLS) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.168x
Based on the latest financial reports, Trutankless Inc (TKLS) has a cash flow conversion efficiency ratio of 0.168x as of September 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 ($-844.37K) by net assets ($-5.03 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Trutankless Inc - Cash Flow Conversion Efficiency Trend (2008–2023)
This chart illustrates how Trutankless Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Trutankless Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Trutankless Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Fly-E Group, Inc. Common Stock
NASDAQ:FLYE
|
-0.105x |
|
Chitose Internasional Tbk
JK:CINT
|
-0.045x |
|
ATI Airtest Technologies Inc
PINK:AATGF
|
0.001x |
|
Bio-gate AG
XETRA:BIG1
|
N/A |
|
VSBLTY Groupe Technologies Corp
PINK:VSBGF
|
-0.231x |
|
Elemental Royalties Corp
OTCQX:ELEMF
|
0.020x |
|
Aethlon Medical Inc
NASDAQ:AEMD
|
0.000x |
|
NETCLASS TECHNOLOGY INC Class A Ordinary Shares
NASDAQ:NTCL
|
0.006x |
Annual Cash Flow Conversion Efficiency for Trutankless Inc (2008–2023)
The table below shows the annual cash flow conversion efficiency of Trutankless Inc from 2008 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-7.45 Million | $-1.82 Million | 0.244x | -60.94% |
| 2022-12-31 | $-3.89 Million | $-2.43 Million | 0.625x | 0.00% |
| 2021-12-31 | $-3.89 Million | $-2.43 Million | 0.625x | +0.08% |
| 2020-12-31 | $-2.36 Million | $-1.47 Million | 0.624x | -14.83% |
| 2019-12-31 | $-3.03 Million | $-2.22 Million | 0.733x | -9.79% |
| 2018-12-31 | $-1.96 Million | $-1.59 Million | 0.812x | -66.56% |
| 2017-12-31 | $-626.62K | $-1.52 Million | 2.429x | +8.01% |
| 2016-12-31 | $-626.62K | $-1.41 Million | 2.249x | -76.34% |
| 2015-12-31 | $-267.01K | $-2.54 Million | 9.503x | +239.04% |
| 2014-12-31 | $399.85K | $-2.73 Million | -6.835x | -849.53% |
| 2013-12-31 | $637.06K | $-458.56K | -0.720x | -29.28% |
| 2012-12-31 | $659.61K | $-367.25K | -0.557x | -195.45% |
| 2011-12-31 | $-317.78K | $-185.36K | 0.583x | +46.49% |
| 2010-12-31 | $-179.27K | $-71.39K | 0.398x | -93.85% |
| 2009-12-31 | $-49.01K | $-317.19K | 6.471x | +10.91% |
| 2008-12-31 | $-7.96K | $-46.47K | 5.835x | -- |