Cardinal Ethanol LLC
Cardinal Ethanol, LLC engages in production and sale of fuel-grade ethanol, distiller grains, corn oil, and raw carbon dioxide in the continental United States. The company's ethanol is used as an octane enhancer in fuels; an oxygenated fuel additive for reducing ozone and carbon monoxide emissions; and a non-petroleum-based gasoline substitute. It also offers distillers grains for applications a… Read more
Cardinal Ethanol LLC (CRDE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.079x
Based on the latest financial reports, Cardinal Ethanol LLC (CRDE) has a cash flow conversion efficiency ratio of -0.079x as of June 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 ($-13.34 Million) by net assets ($169.71 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cardinal Ethanol LLC - Cash Flow Conversion Efficiency Trend (2013–2023)
This chart illustrates how Cardinal Ethanol LLC's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Cardinal Ethanol LLC Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Cardinal Ethanol LLC ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
St.Shine Optical Co Ltd
TWO:1565
|
0.005x |
|
Yanpai Filtration Technology Co.Ltd.
SHE:301081
|
N/A |
|
BerGenBio ASA
PINK:BRRGF
|
-0.551x |
|
Harbin Sayyas Windows Co. Ltd. A
SHE:301227
|
N/A |
|
APAC Opto Electronics
TWO:4908
|
0.007x |
|
Dogu Aras Enerji Yatirimlari AS
IS:ARASE
|
0.075x |
|
AVY Precision Technology
TWO:5392
|
0.008x |
|
Suzhou Longjie Special Fiber Co Ltd
SHG:603332
|
-0.394x |
Annual Cash Flow Conversion Efficiency for Cardinal Ethanol LLC (2013–2023)
The table below shows the annual cash flow conversion efficiency of Cardinal Ethanol LLC from 2013 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-09-30 | $172.53 Million | $83.41 Million | 0.483x | -31.53% |
| 2022-09-30 | $147.27 Million | $103.98 Million | 0.706x | +173.95% |
| 2021-09-30 | $124.74 Million | $32.15 Million | 0.258x | +389.49% |
| 2020-09-30 | $108.95 Million | $5.74 Million | 0.053x | -25.66% |
| 2019-09-30 | $112.28 Million | $7.95 Million | 0.071x | -66.41% |
| 2018-09-30 | $120.34 Million | $25.37 Million | 0.211x | +23.92% |
| 2017-09-30 | $126.58 Million | $21.54 Million | 0.170x | -4.47% |
| 2016-09-30 | $130.32 Million | $23.21 Million | 0.178x | -50.12% |
| 2015-09-30 | $140.61 Million | $50.20 Million | 0.357x | -46.36% |
| 2014-09-30 | $153.00 Million | $101.84 Million | 0.666x | +161.77% |
| 2013-09-30 | $131.48 Million | $33.43 Million | 0.254x | -- |