MCF Energy Ltd.
MCF Energy Ltd. operates as an upstream oil and gas company in Europe. It engages in the identification, exploration, and development of proven and unproven oil and gas reserves. The company was formerly known as Pinedale Energy Limited and changed its name to MCF Energy Ltd. in December 2022. MCF Energy Ltd. was founded in 2022 and is headquartered in Vancouver, Canada.
MCF Energy Ltd. (MCFNF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.034x
Based on the latest financial reports, MCF Energy Ltd. (MCFNF) has a cash flow conversion efficiency ratio of -0.034x as of September 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 ($-1.14 Million) by net assets ($33.86 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
MCF Energy Ltd. - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how MCF Energy Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
MCF Energy Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of MCF Energy Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MANOLETE PARTNERS LS-004
F:2BE
|
N/A |
|
Elsoft Research Bhd
KLSE:0090
|
0.004x |
|
Abliva AB (publ)
PINK:NEVPF
|
-0.221x |
|
SOC D'EXP VIOR
F:VL5
|
-0.011x |
|
Multi Ways Holdings Ltd
NYSE MKT:MWG
|
0.214x |
|
Pantaflix AG
XETRA:PAL
|
-1.616x |
|
Noumi Limited
PINK:NOUMF
|
N/A |
|
Global Uranium and Enrichment Ltd
AU:GUE
|
-0.029x |
Annual Cash Flow Conversion Efficiency for MCF Energy Ltd. (2019–2023)
The table below shows the annual cash flow conversion efficiency of MCF Energy Ltd. from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $24.45 Million | $-7.05 Million | -0.288x | -2269.61% |
| 2022-12-31 | $7.85 Million | $-95.46K | -0.012x | -105.04% |
| 2021-12-31 | $-250.32K | $-60.37K | 0.241x | +147.04% |
| 2020-12-31 | $-118.17K | $60.58K | -0.513x | -121.00% |
| 2019-12-31 | $831.89K | $2.03 Million | 2.441x | -- |