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 Trican Well Service Ltd. (TCW) liquidity interval to measure how many days the company can operate on defensive assets alone.

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.

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
BTS Group Holdings Public Company Limited BK:BTS	0.332x
Lontium Semiconductor Corp. A SHG:688486	N/A
Fujian Forecam Optics Co Ltd SHG:688010	-0.019x
Jiangsu Zhenjiang New Energy Equipment Co Ltd Class A SHG:603507	-0.026x
Nordic American Tankers Limited F:B3O	0.035x
Shenzhen Chengtian Weiye Technology Co Ltd SHE:300689	0.008x
Artivion Inc NYSE:AORT	0.003x
I.E.S Holdings Ltd TA:IES	0.006x

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 TCW market cap.

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

$1.04 Billion

CA$1.44 Billion CAD

Market Cap Rank

#8914 Global

#266 in Canada

Share Price

CA$6.86

Change (1 day)

-4.72%

52-Week Range

CA$4.43 - CA$8.06

All Time High

CA$8.06