MEG ENERGY
MEG ENERGY operates in Diversified Metals & Mining.
MEG ENERGY (ME7) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.096x
Based on the latest financial reports, MEG ENERGY (ME7) has a cash flow conversion efficiency ratio of 0.096x as of September 2024.
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 (€441.00 Million) by net assets (€4.61 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
MEG ENERGY - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how MEG ENERGY's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
MEG ENERGY Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of MEG ENERGY ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jyske Invest Aktier AnsvUdv KL
CO:JYIAAU
|
N/A |
|
Urbanimmersive Inc
PINK:UBMRF
|
-0.002x |
|
BLACKSTONE SECD LEND.FD
F:GM8
|
N/A |
|
JUSTSYSTEMS
MU:JSY
|
N/A |
|
COEUR MINING
MU:CDM1
|
0.103x |
|
ORO
BATS:ORO
|
N/A |
|
Southern Co
NYSE:SOJD
|
0.098x |
|
XM REALITY AB
F:5LL
|
N/A |
Annual Cash Flow Conversion Efficiency for MEG ENERGY (2016–2023)
The table below shows the annual cash flow conversion efficiency of MEG ENERGY from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €4.53 Billion | €1.35 Billion | 0.298x | -30.82% |
| 2022-12-31 | €4.38 Billion | €1.89 Billion | 0.431x | +137.73% |
| 2021-12-31 | €3.81 Billion | €690.00 Million | 0.181x | +110.36% |
| 2020-12-31 | €3.51 Billion | €302.00 Million | 0.086x | -47.40% |
| 2019-12-31 | €3.85 Billion | €631.00 Million | 0.164x | +127.23% |
| 2018-12-31 | €3.89 Billion | €280.03 Million | 0.072x | -10.14% |
| 2017-12-31 | €3.96 Billion | €317.94 Million | 0.080x | +380.22% |
| 2016-12-31 | €3.29 Billion | €-94.07 Million | -0.029x | -- |