STEP Energy Services Ltd (STEP) - Cash Flow Conversion Efficiency
Based on the latest financial reports, STEP Energy Services Ltd (STEP) has a cash flow conversion efficiency ratio of 0.058x 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 (CA$23.50 Million ≈ $17.00 Million USD) by net assets (CA$402.12 Million ≈ $290.89 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See STEP Energy Services Ltd (STEP) net asset quality to measure how much of total assets are equity-financed.
STEP Energy Services Ltd - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how STEP Energy Services Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of STEP Energy Services Ltd to evaluate the quality of earnings relative to operating cash generation.
STEP Energy Services Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of STEP Energy Services Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
-0.033x |
|
Daishin Securities Co Ltd Pref
KO:003545
|
-0.259x |
|
Ucore Rare Metals Inc
V:UCU
|
-0.080x |
|
Silkroad Visual Technology Co Ltd
SHE:300556
|
0.279x |
|
Shanghai Kaichuang Marine International Co Ltd
SHG:600097
|
0.041x |
|
HCM IV Acquisition Corp. Class A Ordinary Share
NASDAQ:HACQ
|
N/A |
|
Mitrabahtera Segara Sejati Tbk
JK:MBSS
|
49.540x |
|
Hudaco
JSE:HDC
|
0.199x |
Annual Cash Flow Conversion Efficiency for STEP Energy Services Ltd (2014–2024)
The table below shows the annual cash flow conversion efficiency of STEP Energy Services Ltd from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see STEP stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$370.53 Million ≈ $268.03 Million |
CA$146.06 Million ≈ $105.66 Million |
0.394x | -18.33% |
| 2023-12-31 | CA$355.55 Million ≈ $257.20 Million |
CA$171.61 Million ≈ $124.14 Million |
0.483x | +20.48% |
| 2022-12-31 | CA$306.03 Million ≈ $221.38 Million |
CA$122.60 Million ≈ $88.69 Million |
0.401x | +20.80% |
| 2021-12-31 | CA$177.44 Million ≈ $128.36 Million |
CA$58.85 Million ≈ $42.57 Million |
0.332x | +44.96% |
| 2020-12-31 | CA$204.58 Million ≈ $147.99 Million |
CA$46.80 Million ≈ $33.86 Million |
0.229x | +5.60% |
| 2019-12-31 | CA$322.82 Million ≈ $233.53 Million |
CA$69.94 Million ≈ $50.59 Million |
0.217x | -6.50% |
| 2018-12-31 | CA$478.60 Million ≈ $346.21 Million |
CA$110.90 Million ≈ $80.22 Million |
0.232x | +103.23% |
| 2017-12-31 | CA$431.04 Million ≈ $311.81 Million |
CA$49.14 Million ≈ $35.55 Million |
0.114x | +285.61% |
| 2016-12-31 | CA$259.94 Million ≈ $188.04 Million |
CA$-15.97 Million ≈ $-11.55 Million |
-0.061x | -186.74% |
| 2015-12-31 | CA$193.99 Million ≈ $140.33 Million |
CA$13.74 Million ≈ $9.94 Million |
0.071x | -74.43% |
| 2014-12-31 | CA$98.37 Million ≈ $71.16 Million |
CA$27.25 Million ≈ $19.71 Million |
0.277x | -- |
About STEP Energy Services Ltd
STEP Energy Services Ltd., an energy services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States. The company offers fracturing services, such as dual-fuel hydraulic fracturing; STEP-XPRS, an integrated fracturing and coiled tubing spread; large bore manifold systems; and technica… Read more