PermRock Royalty Trust (PRT) - 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. See PermRock Royalty Trust (PRT) liquidity interval to measure how many days the company can operate on defensive assets alone.
PermRock Royalty Trust - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how PermRock Royalty Trust's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sc Engineering
KO:023960
|
-0.171x |
|
CrystalGenomics Inc
KQ:083790
|
-0.129x |
|
Techstep ASA
OL:TECH
|
0.098x |
|
Lung Ming Green Energy Technology Engineering Co Ltd
TW:3018
|
-0.180x |
|
Minesto AB
ST:MINEST
|
-0.057x |
|
Unlimited Travel Group UTG AB (publ)
ST:UTG
|
1.638x |
|
Tikun Olam Cannbit Pharmaceuticals Ltd
TA:TKUN
|
0.221x |
|
Obducat AB (publ)
F:OBD
|
0.647x |
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. For the full company profile with market capitalisation and key ratios, see PermRock Royalty Trust market cap and net worth.
| 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.