Strike Energy Limited (RJN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Strike Energy Limited (RJN) has a cash flow conversion efficiency ratio of -0.014x as of June 2023. 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 (€-3.98 Million ≈ $-4.65 Million USD) by net assets (€286.85 Million ≈ $335.35 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 many days can Strike Energy Limited fund operations to measure how many days the company can operate on defensive assets alone.
Strike Energy Limited - Cash Flow Conversion Efficiency Trend (2014–2023)
This chart illustrates how Strike Energy Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Strike Energy Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Strike Energy Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Panama Petrochem Limited
NSE:PANAMAPET
|
0.044x |
|
Nasmed Ozel Saglik Hizmetleri Ticaret AS
IS:EGEPO
|
0.093x |
|
Universal Microelectronics Co Ltd
TW:2413
|
0.066x |
|
Isu Chemical Co Ltd
KO:005950
|
0.147x |
|
Hudson Technologies Inc
NASDAQ:HDSN
|
-0.054x |
|
APRANGA AB EO 029
F:WHX
|
-0.031x |
|
VietinBank Securities JSC
VN:CTS
|
-4.276x |
|
BLS E-Services Limited
NSE:BLSE
|
0.019x |
Annual Cash Flow Conversion Efficiency for Strike Energy Limited (2014–2023)
The table below shows the annual cash flow conversion efficiency of Strike Energy Limited from 2014 to 2023. For the full company profile with market capitalisation and key ratios, see Strike Energy Limited (RJN) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | €286.85 Million ≈ $335.35 Million |
€-12.17 Million ≈ $-14.23 Million |
-0.042x | +46.04% |
| 2022-06-30 | €116.87 Million ≈ $136.64 Million |
€-9.19 Million ≈ $-10.75 Million |
-0.079x | -464.75% |
| 2021-06-30 | €138.12 Million ≈ $161.48 Million |
€2.98 Million ≈ $3.48 Million |
0.022x | +127.14% |
| 2020-06-30 | €37.01 Million ≈ $43.27 Million |
€-2.94 Million ≈ $-3.44 Million |
-0.079x | -310.13% |
| 2019-06-30 | €99.80 Million ≈ $116.67 Million |
€-1.93 Million ≈ $-2.26 Million |
-0.019x | -152.14% |
| 2018-06-30 | €63.13 Million ≈ $73.80 Million |
€2.35 Million ≈ $2.74 Million |
0.037x | -43.12% |
| 2017-06-30 | €51.60 Million ≈ $60.33 Million |
€3.37 Million ≈ $3.94 Million |
0.065x | -45.20% |
| 2016-06-30 | €41.62 Million ≈ $48.66 Million |
€4.96 Million ≈ $5.80 Million |
0.119x | -71.81% |
| 2015-06-30 | €30.30 Million ≈ $35.43 Million |
€12.81 Million ≈ $14.98 Million |
0.423x | +28228.01% |
| 2014-06-30 | €44.89 Million ≈ $52.49 Million |
€67.00K ≈ $78.33K |
0.001x | -- |
About Strike Energy Limited
Strike Energy Limited, an independent gas producer, explores for and develops oil and gas resources in Australia. Its flagship project is the Greater Erregulla Permian gas field, which includes the West and South Erregulla projects located in Perth basin. The company was formerly known as Strike Oil Limited and changed its name to Strike Oil Limited in December 2009. The company was incorporated … Read more