Covalon Technologies Ltd. (COV) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.218x

Based on the latest financial reports, Covalon Technologies Ltd. (COV) has a cash flow conversion efficiency ratio of 0.218x 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$5.75 Million ≈ $4.16 Million USD) by net assets (CA$26.39 Million ≈ $19.09 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Covalon Technologies Ltd. (COV) total market value for the company's overall valuation and market capitalisation.

Covalon Technologies Ltd. - Cash Flow Conversion Efficiency Trend (2005–2025)

This chart illustrates how Covalon Technologies Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.

Covalon Technologies Ltd. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Covalon Technologies Ltd. ranked by their cash flow conversion efficiency. Explore Covalon Technologies Ltd. (COV) cash earnings ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Donkeyrepublic Holding AS CO:DONKEY	0.036x
Hotelim Société Anonyme PA:MLHOT	N/A
Pangaea Oncology S.A. MC:PANG	-0.057x
5E ADVANCED MATLS NEW F:J9I1	-0.101x
LightInTheBox Holding Co Ltd ARD NYSE:LITB	-2.224x
META WOLF AG INH O.N. F:WOLF	N/A
Patria Latin American Opportunity NASDAQ:PLAO	-0.009x
TLGY Acquisition Corp NASDAQ:TLGY	0.026x

Annual Cash Flow Conversion Efficiency for Covalon Technologies Ltd. (2005–2025)

The table below shows the annual cash flow conversion efficiency of Covalon Technologies Ltd. from 2005 to 2025. View current stock price of Covalon Technologies Ltd. for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-09-30	CA$30.73 Million ≈ $22.23 Million	CA$2.29 Million ≈ $1.66 Million	0.075x	-41.00%
2024-09-30	CA$27.50 Million ≈ $19.90 Million	CA$3.47 Million ≈ $2.51 Million	0.126x	+174.53%
2023-09-30	CA$18.79 Million ≈ $13.59 Million	CA$-3.18 Million ≈ $-2.30 Million	-0.169x	+48.65%
2022-09-30	CA$24.23 Million ≈ $17.53 Million	CA$-7.99 Million ≈ $-5.78 Million	-0.330x	-1872.06%
2021-09-30	CA$33.37 Million ≈ $24.14 Million	CA$621.37K ≈ $449.49K	0.019x	+104.21%
2020-09-30	CA$9.11 Million ≈ $6.59 Million	CA$-4.03 Million ≈ $-2.91 Million	-0.442x	-133.57%
2019-09-30	CA$14.93 Million ≈ $10.80 Million	CA$-2.83 Million ≈ $-2.04 Million	-0.189x	-278.94%
2018-09-30	CA$13.12 Million ≈ $9.49 Million	CA$-655.47K ≈ $-474.16K	-0.050x	-3061.17%
2017-09-30	CA$8.98 Million ≈ $6.50 Million	CA$15.15K ≈ $10.96K	0.002x	+100.63%
2016-09-30	CA$3.81 Million ≈ $2.75 Million	CA$-1.03 Million ≈ $-742.05K	-0.269x	+43.16%
2015-09-30	CA$4.79 Million ≈ $3.46 Million	CA$-2.27 Million ≈ $-1.64 Million	-0.474x	-184.43%
2014-09-30	CA$5.53 Million ≈ $4.00 Million	CA$3.10 Million ≈ $2.24 Million	0.561x	+211.29%
2013-09-30	CA$2.95 Million ≈ $2.13 Million	CA$-1.49 Million ≈ $-1.07 Million	-0.504x	+50.18%
2012-09-30	CA$3.23 Million ≈ $2.34 Million	CA$-3.27 Million ≈ $-2.37 Million	-1.012x	-113.61%
2011-09-30	CA$7.02 Million ≈ $5.07 Million	CA$-3.32 Million ≈ $-2.40 Million	-0.474x	-6063.75%
2010-09-30	CA$7.57 Million ≈ $5.48 Million	CA$-58.20K ≈ $-42.10K	-0.008x	+98.20%
2009-09-30	CA$10.94 Million ≈ $7.91 Million	CA$-4.67 Million ≈ $-3.38 Million	-0.427x	-131.81%
2008-09-30	CA$15.02 Million ≈ $10.86 Million	CA$-2.76 Million ≈ $-2.00 Million	-0.184x	-2114.69%
2007-09-30	CA$17.59 Million ≈ $12.73 Million	CA$-146.21K ≈ $-105.77K	-0.008x	+97.04%
2006-09-30	CA$8.27 Million ≈ $5.98 Million	CA$-2.32 Million ≈ $-1.68 Million	-0.281x	-13.16%
2005-09-30	CA$3.79 Million ≈ $2.74 Million	CA$-941.80K ≈ $-681.28K	-0.248x	--

About Covalon Technologies Ltd.

V:COV Canada Medical Instruments & Supplies

Market Cap

$69.13 Million

CA$95.56 Million CAD

Market Cap Rank

#21716 Global

#763 in Canada

Share Price

CA$3.46

Change (1 day)

-3.89%

52-Week Range

CA$1.56 - CA$3.60

All Time High

CA$9.18