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 0.193x as of March 2026. 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$598.00K ≈ $432.58K USD) by net assets (CA$3.10 Million ≈ $2.24 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 how leveraged is CLEANTEK Industries Inc's balance sheet to measure how much of total assets are equity-financed.
CLEANTEK Industries Inc - Cash Flow Conversion Efficiency Trend (2020–2025)
This chart illustrates how CLEANTEK Industries Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check CLEANTEK Industries Inc earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
American Manganese Inc
V:AMY
|
-0.045x |
|
Daewoo SBI SPAC 1
KQ:215480
|
-0.037x |
|
Middle Island Resources Ltd
AU:MDI
|
-0.200x |
|
Dycasa SA
BA:DYCA
|
-0.135x |
|
Sirona Biochem Corp
V:SBM
|
0.160x |
|
InnSuites Hospitality Trust
NYSE MKT:IHT
|
0.988x |
|
Booster Co. Ltd
KQ:008470
|
-0.010x |
|
Finsbury Growth & Income Trust
LSE:FGT
|
0.013x |
Annual Cash Flow Conversion Efficiency for CLEANTEK Industries Inc (2020–2025)
The table below shows the annual cash flow conversion efficiency of CLEANTEK Industries Inc from 2020 to 2025. For the full company profile with market capitalisation and key ratios, see how much is CLEANTEK Industries Inc worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$2.66 Million ≈ $1.92 Million |
CA$2.77 Million ≈ $2.00 Million |
1.040x | -33.96% |
| 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. engages in rental, service, and sale of equipment to the oil and gas and construction industries in North America and internationally. The company offers lighting solutions, such as Halo SE, a crown-mounted lighting system; SolarHybrid light towers; Stadium Lighting, a LED tower lighting solution; EcoSteam, a mobile evaporation platform; DZeroE, a wastewater evaporation s… Read more