PRIMEENERGY
PRIMEENERGY operates in Diversified Metals & Mining.
PRIMEENERGY (PEJ) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.049x
Based on the latest financial reports, PRIMEENERGY (PEJ) has a cash flow conversion efficiency ratio of 0.049x as of June 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 (€9.21 Million) by net assets (€186.29 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
PRIMEENERGY - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how PRIMEENERGY's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
PRIMEENERGY Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of PRIMEENERGY ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MT Malcolm Mines NL
AU:M2M
|
0.033x |
|
Australian Critical Minerals Ltd
AU:ACM
|
-0.809x |
|
Smartfren Telecom Tbk
JK:FREN
|
-0.016x |
|
ATMA Participações S.A.
SA:ATMP3
|
-0.007x |
|
EzFill Holdings Inc
NASDAQ:EZFL
|
-0.380x |
|
Prism Resources Inc.
V:PRS-H
|
0.000x |
|
NUCOR - Dusseldorf Stock Exchang
DU:NUO
|
0.060x |
|
Thai Polycons Public Company Limited
BK:TPOLY
|
0.032x |
Annual Cash Flow Conversion Efficiency for PRIMEENERGY (2016–2023)
The table below shows the annual cash flow conversion efficiency of PRIMEENERGY from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €160.95 Million | €109.02 Million | 0.677x | +186.97% |
| 2022-12-31 | €140.35 Million | €33.13 Million | 0.236x | -18.27% |
| 2021-12-31 | €99.09 Million | €28.62 Million | 0.289x | +72.79% |
| 2020-12-31 | €98.00 Million | €16.38 Million | 0.167x | -36.51% |
| 2019-12-31 | €103.36 Million | €27.21 Million | 0.263x | -28.57% |
| 2018-12-31 | €106.00 Million | €39.07 Million | 0.369x | -5.87% |
| 2017-12-31 | €102.44 Million | €40.11 Million | 0.392x | +134.38% |
| 2016-12-31 | €65.88 Million | €11.01 Million | 0.167x | -- |