Prominence Energy Limited (RSX) - Cash Flow Conversion Efficiency

Latest as of June 2023: -0.037x

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 equity to assets ratio to measure how much of total assets are equity-financed.

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. Check how high is Prominence Energy Limited's earnings quality to evaluate the quality of earnings relative to operating cash generation.

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
Hardide PLC
LSE:HDD
0.191x
Aranjin Resources Ltd
V:ARJN
-0.499x
Wingara AG Ltd
AU:WNR
-1.348x
Capital Gearing Trust
LSE:CGT
0.006x
Duros S.A.
AT:DUR
-0.182x
Fang Holdings Ltd
NYSE:SFUNY
-0.048x
Ristia Bintang Mahkotasejati
JK:RBMS
0.003x
4BASEBIO UK SOCIETAS
LSE:4BB
-0.402x

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 RSX market cap.

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

F:RSX Germany Oil & Gas E&P
Market Cap
$991.80K
€848.34K EUR
Market Cap Rank
#30573 Global
#2682 in Germany
Share Price
€0.00
Change (1 day)
+0.00%
52-Week Range
€0.00 - €0.01
All Time High
€5.00
About

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