Zenith Energy Ltd (ZENA) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.156x

Based on the latest financial reports, Zenith Energy Ltd (ZENA) has a cash flow conversion efficiency ratio of -0.156x as of September 2025. 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 (Nkr-11.76 Million ≈ $-1.24 Million USD) by net assets (Nkr75.51 Million ≈ $7.95 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 Zenith Energy Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Zenith Energy Ltd - Cash Flow Conversion Efficiency Trend (2009–2025)

This chart illustrates how Zenith Energy Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Zenith Energy Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Zenith Energy Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
OssDsign AB ST:OSSD	-0.050x
Rapala VMC Oyj HE:RAP1V	0.083x
York Timber Holdings Ltd JSE:YRK	0.024x
SRG HOUSING FINANCE ORD (BSE) NSE:SRGHFL	-0.337x
Spectral AI Inc. NASDAQ:MDAI	0.305x
NTT System SA WAR:NTT	0.057x
Donkeyrepublic Holding AS CO:DONKEY	0.022x
Optipharm.CO.LTD KQ:153710	-0.016x

Annual Cash Flow Conversion Efficiency for Zenith Energy Ltd (2009–2025)

The table below shows the annual cash flow conversion efficiency of Zenith Energy Ltd from 2009 to 2025. For the full company profile with market capitalisation and key ratios, see Zenith Energy Ltd market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Nkr65.63 Million ≈ $6.91 Million	Nkr-10.97 Million ≈ $-1.15 Million	-0.167x	-99.30%
2024-03-31	Nkr49.98 Million ≈ $5.26 Million	Nkr-4.19 Million ≈ $-440.91K	-0.084x	+51.50%
2023-03-31	Nkr91.65 Million ≈ $9.64 Million	Nkr-15.84 Million ≈ $-1.67 Million	-0.173x	-35.73%
2022-03-31	Nkr103.09 Million ≈ $10.85 Million	Nkr-13.13 Million ≈ $-1.38 Million	-0.127x	+69.11%
2021-03-31	Nkr23.80 Million ≈ $2.50 Million	Nkr-9.81 Million ≈ $-1.03 Million	-0.412x	+66.40%
2020-03-31	Nkr9.83 Million ≈ $1.03 Million	Nkr-12.06 Million ≈ $-1.27 Million	-1.227x	-10239.20%
2019-03-31	Nkr569.08 Million ≈ $59.88 Million	Nkr-6.75 Million ≈ $-710.72K	-0.012x	-1478.46%
2018-03-31	Nkr571.89 Million ≈ $60.18 Million	Nkr-430.00K ≈ $-45.25K	-0.001x	+70.34%
2017-03-31	Nkr575.45 Million ≈ $60.55 Million	Nkr-1.46 Million ≈ $-153.53K	-0.003x	-100.23%
2016-03-31	Nkr-2.28 Million ≈ $-239.81K	Nkr-2.47 Million ≈ $-260.31K	1.085x	+833.90%
2015-03-31	Nkr4.29 Million ≈ $451.34K	Nkr-634.38K ≈ $-66.76K	-0.148x	+81.66%
2014-03-31	Nkr2.24 Million ≈ $235.33K	Nkr-1.80 Million ≈ $-189.77K	-0.806x	-184.81%
2013-03-31	Nkr-2.10 Million ≈ $-220.89K	Nkr-2.00 Million ≈ $-210.03K	0.951x	+25.17%
2012-03-31	Nkr-1.16 Million ≈ $-122.41K	Nkr-883.66K ≈ $-92.99K	0.760x	+127.56%
2011-03-31	Nkr790.53K ≈ $83.19K	Nkr-2.18 Million ≈ $-229.29K	-2.756x	-588.31%
2010-03-31	Nkr2.28 Million ≈ $239.58K	Nkr-911.72K ≈ $-95.94K	-0.400x	-151.71%
2009-03-31	Nkr2.39 Million ≈ $251.17K	Nkr-379.74K ≈ $-39.96K	-0.159x	--

About Zenith Energy Ltd

OL:ZENA Norway Oil & Gas E&P

Market Cap

$47.61 Million

Nkr452.48 Million NOK

Market Cap Rank

#22172 Global

#199 in Norway

Share Price

Nkr0.70

Change (1 day)

+2.20%

52-Week Range

Nkr0.32 - Nkr2.38

All Time High

Nkr10.75