Trican Well Service Ltd. (TCW) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.127x

Based on the latest financial reports, Trican Well Service Ltd. (TCW) has a cash flow conversion efficiency ratio of 0.127x as of December 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$88.56 Million ≈ $64.06 Million USD) by net assets (CA$695.85 Million ≈ $503.37 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 TCW net asset quality index to measure how much of total assets are equity-financed.

Trican Well Service Ltd. - Cash Flow Conversion Efficiency Trend (1996–2025)

This chart illustrates how Trican Well Service Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Trican Well Service Ltd. cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

Trican Well Service Ltd. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Trican Well Service Ltd. ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
United Fire Group Inc NASDAQ:UFCS	0.068x
Country Garden Holdings Company Limited F:DZJ	0.038x
Fujian Apex Software Co Ltd SHG:603383	-0.023x
Zhejiang Qianjiang Motorcycle Co Ltd SHE:000913	0.000x
Turk Traktor ve Ziraat Makineleri AS IS:TTRAK	0.058x
Beijing Oriental Jicheng Co Ltd SHE:002819	0.017x
Shanghai Hajime Advanced Material Technology Co. Ltd. SHE:301000	0.017x
MFA Financial Inc NYSE:MFA	0.040x

Annual Cash Flow Conversion Efficiency for Trican Well Service Ltd. (1996–2025)

The table below shows the annual cash flow conversion efficiency of Trican Well Service Ltd. from 1996 to 2025. For the full company profile with market capitalisation and key ratios, see Trican Well Service Ltd. stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CA$695.85 Million ≈ $503.37 Million	CA$167.58 Million ≈ $121.22 Million	0.241x	-24.04%
2024-12-31	CA$488.39 Million ≈ $353.30 Million	CA$154.84 Million ≈ $112.01 Million	0.317x	-34.02%
2023-12-31	CA$517.07 Million ≈ $374.04 Million	CA$248.46 Million ≈ $179.73 Million	0.481x	+59.30%
2022-12-31	CA$504.67 Million ≈ $365.07 Million	CA$152.23 Million ≈ $110.12 Million	0.302x	+99.24%
2021-12-31	CA$489.40 Million ≈ $354.02 Million	CA$74.10 Million ≈ $53.60 Million	0.151x	+5.32%
2020-12-31	CA$492.27 Million ≈ $356.10 Million	CA$70.77 Million ≈ $51.19 Million	0.144x	+272.15%
2019-12-31	CA$741.11 Million ≈ $536.11 Million	CA$28.63 Million ≈ $20.71 Million	0.039x	-67.70%
2018-12-31	CA$844.14 Million ≈ $610.64 Million	CA$100.94 Million ≈ $73.02 Million	0.120x	+5.28%
2017-12-31	CA$1.18 Billion ≈ $850.74 Million	CA$133.58 Million ≈ $96.63 Million	0.114x	+168.65%
2016-12-31	CA$567.72 Million ≈ $410.68 Million	CA$-93.93 Million ≈ $-67.95 Million	-0.165x	-176.22%
2015-12-31	CA$552.00 Million ≈ $399.31 Million	CA$119.83 Million ≈ $86.68 Million	0.217x	+535.45%
2014-12-31	CA$1.29 Billion ≈ $930.44 Million	CA$43.94 Million ≈ $31.79 Million	0.034x	-73.17%
2013-12-31	CA$1.35 Billion ≈ $976.93 Million	CA$171.93 Million ≈ $124.37 Million	0.127x	-6.01%
2012-12-31	CA$1.38 Billion ≈ $995.32 Million	CA$186.38 Million ≈ $134.82 Million	0.135x	-39.96%
2011-12-31	CA$1.37 Billion ≈ $987.82 Million	CA$308.09 Million ≈ $222.87 Million	0.226x	+18.25%
2010-12-31	CA$1.01 Billion ≈ $729.65 Million	CA$192.46 Million ≈ $139.22 Million	0.191x	+24.37%
2009-12-31	CA$647.49 Million ≈ $468.38 Million	CA$99.33 Million ≈ $71.86 Million	0.153x	+11.43%
2008-12-31	CA$720.34 Million ≈ $521.08 Million	CA$99.18 Million ≈ $71.74 Million	0.138x	-26.96%
2007-12-31	CA$694.05 Million ≈ $502.06 Million	CA$130.83 Million ≈ $94.64 Million	0.188x	-49.88%
2006-12-31	CA$541.19 Million ≈ $391.49 Million	CA$203.56 Million ≈ $147.25 Million	0.376x	-5.91%
2005-12-31	CA$361.98 Million ≈ $261.85 Million	CA$144.70 Million ≈ $104.67 Million	0.400x	+25.29%
2004-12-31	CA$223.15 Million ≈ $161.42 Million	CA$71.20 Million ≈ $51.50 Million	0.319x	+23.13%
2003-12-31	CA$161.96 Million ≈ $117.16 Million	CA$41.97 Million ≈ $30.36 Million	0.259x	+51.53%
2002-12-31	CA$123.42 Million ≈ $89.28 Million	CA$21.11 Million ≈ $15.27 Million	0.171x	-52.75%
2001-12-31	CA$92.59 Million ≈ $66.98 Million	CA$33.51 Million ≈ $24.24 Million	0.362x	+10.23%
2000-12-31	CA$69.75 Million ≈ $50.46 Million	CA$22.90 Million ≈ $16.57 Million	0.328x	+64.15%
1999-12-31	CA$50.00 Million ≈ $36.17 Million	CA$10.00 Million ≈ $7.23 Million	0.200x	+1580.00%
1998-12-31	CA$33.60 Million ≈ $24.31 Million	CA$400.00K ≈ $289.35K	0.012x	-94.50%
1997-12-31	CA$23.10 Million ≈ $16.71 Million	CA$5.00 Million ≈ $3.62 Million	0.216x	+693.65%
1996-12-31	CA$11.00 Million ≈ $7.96 Million	CA$300.00K ≈ $217.02K	0.027x	--

About Trican Well Service Ltd.

TO:TCW Canada Oil & Gas Equipment & Services

Market Cap

$921.45 Million

CA$1.27 Billion CAD

Market Cap Rank

#9248 Global

#278 in Canada

Share Price

CA$6.06

Change (1 day)

+3.06%

52-Week Range

CA$5.21 - CA$8.06

All Time High

CA$8.06