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 net asset quality index of Zenith Energy Ltd to measure how much of total assets are equity-financed.

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. Check ZENA operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

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
Atara Biotherapeutics Inc NASDAQ:ATRA	0.267x
Danen Technology Corp TW:3686	-0.005x
Big Camera Corporation Public Company Limited BK:BIG	-0.016x
CoAsia Corporation KQ:045970	0.073x
Mao Bao Inc TW:1732	-0.013x
Jet2 PLC LSE:JET2	0.331x
TREJHARA SOLUTIONS LIMITED NSE:TREJHARA	0.008x
Nova MSC Bhd KLSE:0026	-0.084x

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 how much is Zenith Energy Ltd 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

$35.18 Million

Nkr334.33 Million NOK

Market Cap Rank

#23146 Global

#214 in Norway

Share Price

Nkr0.52

Change (1 day)

-2.09%

52-Week Range

Nkr0.32 - Nkr1.25

All Time High

Nkr10.75