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.
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. Read STEP Energy Services Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
China Reform Culture Holdings Co Ltd
SHG:600636
|
0.004x |
|
Aurotek Corp
TW:6215
|
0.053x |
|
T3EX Global Holdings Corp
TW:2636
|
0.083x |
|
Shanghai Mechanical & Electrical Industry Co Ltd B
SHG:900925
|
0.037x |
|
Jiangsu Jingyuan Environmental Protection Co Ltd
SHG:688096
|
0.010x |
|
Tudor Gold Corp
V:TUD
|
-0.003x |
|
Rezolute Inc
NASDAQ:RZLT
|
-0.118x |
|
Asiacement
KO:183190
|
0.012x |
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 market cap overview.
| 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