CLEANTEK Industries Inc (CTEK) - Cash Flow Conversion Efficiency
Based on the latest financial reports, CLEANTEK Industries Inc (CTEK) has a cash flow conversion efficiency ratio of 0.493x 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$968.00K ≈ $700.24K USD) by net assets (CA$1.97 Million ≈ $1.42 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
CLEANTEK Industries Inc - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how CLEANTEK Industries Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read CLEANTEK Industries Inc balance sheet liabilities for a breakdown of total debt and financial obligations.
CLEANTEK Industries Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of CLEANTEK Industries Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Pure Resources Ltd
AU:PR1
|
0.000x |
|
N.C. Housing Public Company Limited
BK:NCH
|
0.051x |
|
Magnum Mining and Exploration Ltd
AU:MGU
|
-0.021x |
|
Diversified Gateway Solutions Bhd
KLSE:0131
|
-0.015x |
|
Ree Automotive Holding Inc
NASDAQ:REE
|
-0.666x |
|
BALAXI PHARMACEUTICALS LIMITED
NSE:BALAXI
|
0.063x |
|
Dgenx Co. Ltd
KQ:113810
|
0.073x |
|
Nature Wood Group Limited American Depositary Shares
NASDAQ:NWGL
|
-0.103x |
Annual Cash Flow Conversion Efficiency for CLEANTEK Industries Inc (2020–2024)
The table below shows the annual cash flow conversion efficiency of CLEANTEK Industries Inc from 2020 to 2024. For the full company profile with market capitalisation and key ratios, see CTEK market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$1.39 Million ≈ $1.00 Million |
CA$2.19 Million ≈ $1.58 Million |
1.575x | -80.88% |
| 2023-12-31 | CA$401.00K ≈ $290.08K |
CA$3.30 Million ≈ $2.39 Million |
8.239x | +2060.02% |
| 2022-12-31 | CA$1.63 Million ≈ $1.18 Million |
CA$621.00K ≈ $449.22K |
0.381x | +168.71% |
| 2021-12-31 | CA$4.99 Million ≈ $3.61 Million |
CA$-2.77 Million ≈ $-2.00 Million |
-0.555x | -23.82% |
| 2020-12-31 | CA$-7.28 Million ≈ $-5.26 Million |
CA$3.26 Million ≈ $2.36 Million |
-0.448x | -- |
About CLEANTEK Industries Inc
Cleantek Industries Inc. manufactures and markets technology-based equipment in Western Canada and the United States. The company offers lighting solutions, such as Halo, a crown-mounted lighting system; SolarHybrid light towers; Stadium Lighting, a LED tower lighting solution; EcoSteam, a mobile evaporation platform; DZeroE, a wastewater evaporation system; and SecureTek, a site security and sur… Read more