Prominence Energy Limited (RSX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Prominence Energy Limited (RSX) has a cash flow conversion efficiency ratio of -0.037x 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 (€-274.72K ≈ $-321.18K USD) by net assets (€7.52 Million ≈ $8.79 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 RSX cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Prominence Energy Limited - Cash Flow Conversion Efficiency Trend (2014–2023)
This chart illustrates how Prominence Energy Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Prominence Energy Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Prominence Energy Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Aranjin Resources Ltd
V:ARJN
|
-0.499x |
|
Wingara AG Ltd
AU:WNR
|
-1.348x |
|
Biora Therapeutics Inc
NASDAQ:BIOR
|
0.082x |
|
WELLFIELD TECHNOLOG. INC.
F:K8D
|
0.028x |
|
Duros S.A.
AT:DUR
|
-0.182x |
|
River and Mercantile UK Micro Cap Investment Company Ltd
LSE:RMMC
|
-0.007x |
|
4BASEBIO UK SOCIETAS
LSE:4BB
|
-0.402x |
|
TH1NG AB
ST:TH1NG
|
0.336x |
Annual Cash Flow Conversion Efficiency for Prominence Energy Limited (2014–2023)
The table below shows the annual cash flow conversion efficiency of Prominence Energy Limited from 2014 to 2023. For the full company profile with market capitalisation and key ratios, see market value of Prominence Energy Limited.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | €7.52 Million ≈ $8.79 Million |
€-952.24K ≈ $-1.11 Million |
-0.127x | -20.20% |
| 2022-06-30 | €8.49 Million ≈ $9.92 Million |
€-894.63K ≈ $-1.05 Million |
-0.105x | +63.83% |
| 2021-06-30 | €2.88 Million ≈ $3.36 Million |
€-837.80K ≈ $-979.48K |
-0.291x | -188.68% |
| 2020-06-30 | €-2.20 Million ≈ $-2.58 Million |
€-724.40K ≈ $-846.90K |
0.329x | +39.16% |
| 2019-06-30 | €-2.00 Million ≈ $-2.34 Million |
€-473.17K ≈ $-553.19K |
0.236x | -38.73% |
| 2018-06-30 | €-1.44 Million ≈ $-1.68 Million |
€-553.84K ≈ $-647.49K |
0.385x | -38.35% |
| 2017-06-30 | €-1.73 Million ≈ $-2.02 Million |
€-1.08 Million ≈ $-1.26 Million |
0.625x | +10.14% |
| 2016-06-30 | €-1.37 Million ≈ $-1.60 Million |
€-779.13K ≈ $-910.88K |
0.568x | +495.68% |
| 2015-06-30 | €10.47 Million ≈ $12.25 Million |
€-1.50 Million ≈ $-1.76 Million |
-0.143x | -97.20% |
| 2014-06-30 | €49.08 Million ≈ $57.38 Million |
€-3.57 Million ≈ $-4.17 Million |
-0.073x | -- |
About Prominence Energy Limited
Prominence Energy Ltd, together with its subsidiaries, explores for, develops, and produces oil and gas projects in Australia and the United States. It holds a 100% working interest in the Big Apple Gas Prospect located on the Outer Continental Shelf of the Gulf of Mexico in the United States; and a 12.5% interest in exploration permit WA-519-P located on the Northwest Shelf, Australia. Prominenc… Read more