Strike Energy Limited Cash Flow Conversion Efficiency
Strike Energy Limited 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.
Cash Flow Conversion Efficiency of Strike Energy Limited (2014–2023)
Cash flow conversion efficiency of Strike Energy Limited from 2014 to 2023. This chart illustrates how Strike Energy Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View RJN live share price for real-time trading data and today's change.
Strike Energy Limited Cash Flow Conversion Ratio Explained
Strike Energy Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see RJN market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Yorkville International Capital Corp. Class A Ordinary Shares
NASDAQ:YICC
|
N/A |
|
Guangdong Jiaying Pharmaceutical Co Ltd
SHE:002198
|
-0.063x |
|
AstroNova Inc
NASDAQ:ALOT
|
0.039x |
|
RF Capital Group Inc
TO:RCG
|
0.017x |
|
Copper Fox Metals Inc.
V:CUU
|
0.003x |
|
Polisan Holding AS
IS:POLHO
|
0.019x |
|
Etoiles Capital Group Co., Ltd. Class A Ordinary Shares
NASDAQ:EFTY
|
N/A |
|
Aspo Oyj
HE:ASPO
|
0.005x |
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. Review Strike Energy Limited free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| 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