88 Energy Limited
88 Energy Limited engages in the exploration and production of oil and gas properties in the United States and Namibia. It operates through three segments: Oil and Gas exploration in Alaska, USA.; Oil & Gas production in Texas, USA.; and Oil & Gas exploration, Namibia. 88 Energy Limited was formerly known as Tangiers Petroleum Limited and changed its name to 88 Energy Limited in February 2015. Th… Read more
88 Energy Limited (POQ) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2022: -0.007x
Based on the latest financial reports, 88 Energy Limited (POQ) has a cash flow conversion efficiency ratio of -0.007x as of December 2022.
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 (€-904.18K) by net assets (€131.68 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
88 Energy Limited - Cash Flow Conversion Efficiency Trend (2013–2022)
This chart illustrates how 88 Energy Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
88 Energy Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of 88 Energy Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
VWF Bancorp Inc.
OTCQB:VWFB
|
-0.022x |
|
Chernan Metal Industrial
TWO:3631
|
-0.004x |
|
Shimmick Corporation Common Stock
NASDAQ:SHIM
|
0.451x |
|
REDCO PRP GROUP LTD -05
F:8KI
|
N/A |
|
SABUY TECHNOLOGY
BK:SABUY-R
|
N/A |
|
Unigold Inc
PINK:UGDIF
|
-0.699x |
|
Mobiquity Technologies Inc
OTCQB:MOBQ
|
-0.805x |
|
Gaming Nation Inc
V:FAN
|
-0.066x |
Annual Cash Flow Conversion Efficiency for 88 Energy Limited (2013–2022)
The table below shows the annual cash flow conversion efficiency of 88 Energy Limited from 2013 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | €131.68 Million | €-4.89 Million | -0.037x | +8.06% |
| 2021-12-31 | €139.84 Million | €-5.65 Million | -0.040x | +53.52% |
| 2020-12-31 | €58.91 Million | €-5.12 Million | -0.087x | +3.90% |
| 2019-12-31 | €64.60 Million | €-5.84 Million | -0.090x | -29.18% |
| 2018-12-31 | €94.11 Million | €-6.58 Million | -0.070x | +12.29% |
| 2017-12-31 | €55.53 Million | €-4.43 Million | -0.080x | -9.49% |
| 2016-12-31 | €48.01 Million | €-3.50 Million | -0.073x | +66.39% |
| 2015-12-31 | €21.49 Million | €-4.66 Million | -0.217x | +95.29% |
| 2014-12-31 | €1.35 Million | €-6.21 Million | -4.605x | -2020.39% |
| 2013-12-31 | €16.65 Million | €-3.62 Million | -0.217x | -- |