Prominence Energy Limited Cash Flow Conversion Efficiency
Prominence Energy Limited 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.
Cash Flow Conversion Efficiency of Prominence Energy Limited (2014–2023)
Cash flow conversion efficiency of Prominence Energy Limited from 2014 to 2023. This chart illustrates how Prominence Energy Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View RSX stock price and chart for real-time trading data and today's change.
Prominence Energy Limited Cash Flow Conversion Ratio Explained
Prominence 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.
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. Also see market value of Prominence Energy Limited for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Venture Life Group PLC
LSE:VLG
|
-0.012x |
|
ExpreS2ion Biotech Holding AB
ST:EXPRS2
|
-0.965x |
|
Aranjin Resources Ltd
V:ARJN
|
-0.499x |
|
Ampli SA w upadlosci ukladowej
WAR:APL
|
0.049x |
|
Duros S.A.
AT:DUR
|
-0.182x |
|
TH1NG AB
ST:TH1NG
|
0.336x |
|
Pathfinder Ventures Inc
V:RV
|
0.233x |
|
Alligator Bioscience AB
ST:ATORX
|
-4.204x |
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. Review Prominence Energy Limited (RSX) financial flexibility to assess the company's free cash flow relative to its total liabilities.
| 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