PermRock Royalty Trust Cash Flow Conversion Efficiency
PermRock Royalty Trust cash flow conversion efficiency. Based on the latest financial reports, PermRock Royalty Trust (PRT) has a cash flow conversion efficiency ratio of -0.010x as of March 2024. 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 ($-724.92K) by net assets ($76.05 Million). 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 PermRock Royalty Trust (2016–2023)
Cash flow conversion efficiency of PermRock Royalty Trust from 2016 to 2023. This chart illustrates how PermRock Royalty Trust's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest PermRock Royalty Trust stock price today for real-time trading data and today's change.
PermRock Royalty Trust Cash Flow Conversion Ratio Explained
PermRock Royalty Trust 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.
PermRock Royalty Trust Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of PermRock Royalty Trust ranked by their cash flow conversion efficiency. Also see PermRock Royalty Trust market cap and net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Korea SPAC 2
KQ:206400
|
-0.029x |
|
Pinehill Pacific Bhd
KLSE:1902
|
-0.213x |
|
Dongkuk Refractories & Steel Co. Ltd
KQ:075970
|
0.000x |
|
Tobii AB
ST:TOBII
|
0.063x |
|
Circle8 Group, Inc.
NASDAQ:CIRC
|
-0.181x |
|
Shinhwa Contech Co. Ltd
KQ:187270
|
0.005x |
|
Kainos Group PLC
LSE:KNOS
|
0.490x |
|
Wicaksana Overseas International
JK:WICO
|
0.087x |
Annual Cash Flow Conversion Efficiency for PermRock Royalty Trust (2016–2023)
The table below shows the annual cash flow conversion efficiency of PermRock Royalty Trust from 2016 to 2023. Review PRT free cash flow to operating cash ratio 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 |
|---|---|---|---|---|
| 2023-12-31 | $76.88 Million | $-4.16 Billion | -54.177x | -7.23% |
| 2022-12-31 | $81.04 Million | $-4.09 Billion | -50.524x | -143.03% |
| 2020-12-31 | $88.92 Million | $10.44 Billion | 117.403x | +0.82% |
| 2019-12-31 | $89.64 Million | $10.44 Billion | 116.450x | +88629.77% |
| 2017-12-31 | $107.11 Million | $14.06 Million | 0.131x | +45.31% |
| 2016-12-31 | $66.24 Million | $5.98 Million | 0.090x | -- |
About PermRock Royalty Trust
PermRock Royalty Trust operates as a statutory trust in the United States. The company owns interests in the oil and natural gas producing properties. Its underlying properties consist of 22,394 net acres located in the Permian Basin. The company was incorporated in 2017 and is based in Dallas, Texas.