Comet Ridge Ltd
Comet Ridge Limited engages in the oil and gas exploration, appraisal, and development activities in Australia. The company's flagship property is the Mahalo Gas Hub which consists of 2 reserves and 2 contingent resources of 676 petajoules located in southern Bowen Basin. Comet Ridge Limited was incorporated in 2003 and is based in Brisbane, Australia.
Comet Ridge Ltd (COI) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2025: -0.051x
Based on the latest financial reports, Comet Ridge Ltd (COI) has a cash flow conversion efficiency ratio of -0.051x as of June 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 (AU$-4.12 Million) by net assets (AU$80.32 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Comet Ridge Ltd - Cash Flow Conversion Efficiency Trend (2005–2025)
This chart illustrates how Comet Ridge Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Comet Ridge Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Comet Ridge Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Outbrain Inc
NASDAQ:OB
|
0.184x |
|
Omada Health, Inc. Common Stock
NASDAQ:OMDA
|
0.047x |
|
Neo Technical System Co. Ltd
KQ:085910
|
0.035x |
|
Nivika Fastigheter AB Series B
ST:NIVI-B
|
0.027x |
|
Unitika Ltd
PINK:UNIKF
|
0.068x |
|
Visiomed Group SA
PINK:VMDGF
|
-0.003x |
|
Bursa De Valori Bucuresti SA
RO:BVB
|
0.021x |
|
Powercell Sweden
ST:PCELL
|
0.310x |
Annual Cash Flow Conversion Efficiency for Comet Ridge Ltd (2005–2025)
The table below shows the annual cash flow conversion efficiency of Comet Ridge Ltd from 2005 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-06-30 | AU$80.32 Million | AU$-4.12 Million | -0.051x | +11.87% |
| 2024-06-30 | AU$72.51 Million | AU$-4.22 Million | -0.058x | +1.62% |
| 2023-06-30 | AU$64.31 Million | AU$-3.80 Million | -0.059x | +16.28% |
| 2022-06-30 | AU$47.55 Million | AU$-3.36 Million | -0.071x | -79.50% |
| 2021-06-30 | AU$50.41 Million | AU$-1.98 Million | -0.039x | +3.42% |
| 2020-06-30 | AU$56.76 Million | AU$-2.31 Million | -0.041x | +4.10% |
| 2019-06-30 | AU$56.17K | AU$-2.39K | -0.042x | -10.61% |
| 2018-06-30 | AU$43.52K | AU$-1.67K | -0.038x | +0.97% |
| 2017-06-30 | AU$32.79K | AU$-1.27K | -0.039x | +31.63% |
| 2016-06-30 | AU$29.03K | AU$-1.65K | -0.057x | -38.32% |
| 2015-06-30 | AU$32.72K | AU$-1.34K | -0.041x | -358.99% |
| 2014-06-30 | AU$42.75K | AU$677.00 | 0.016x | +162.28% |
| 2013-06-30 | AU$47.12 Million | AU$-1.20 Million | -0.025x | -0.35% |
| 2012-06-30 | AU$44.64 Million | AU$-1.13 Million | -0.025x | -176.64% |
| 2011-06-30 | AU$40.36 Million | AU$1.33 Million | 0.033x | +138.09% |
| 2010-06-30 | AU$38.69 Million | AU$-3.36 Million | -0.087x | -76.77% |
| 2009-06-30 | AU$43.70 Million | AU$-2.15 Million | -0.049x | +72.01% |
| 2008-06-30 | AU$10.47 Million | AU$-1.84 Million | -0.175x | -58.47% |
| 2007-06-30 | AU$15.61 Million | AU$-1.73 Million | -0.111x | -34.36% |
| 2006-06-30 | AU$8.99 Million | AU$-740.42K | -0.082x | +9.84% |
| 2005-06-30 | AU$6.84 Million | AU$-624.75K | -0.091x | -- |