Porto Energy Corp
Porto Energy Corp., a development stage company, explores for crude oil and natural gas in Portugal. It holds a 100% working interests in seven concessions, including Aljubarrota-3, Torres Vedras-3, Sao Pedro de Muel-2, Cabo Mondego-2, Rio Maior-2, Zambujal, and Peniche covering an area of approximately 1.6 million net acres in Lusitanian Basin of Portugal. The company was founded in 1993 and is … Read more
Porto Energy Corp (PNRXF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of February 2014: -0.179x
Based on the latest financial reports, Porto Energy Corp (PNRXF) has a cash flow conversion efficiency ratio of -0.179x as of February 2014.
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 ($-623.13K) by net assets ($3.49 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Porto Energy Corp - Cash Flow Conversion Efficiency Trend (2010–2013)
This chart illustrates how Porto Energy Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Porto Energy Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Porto Energy Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Promithian Global Ventures Inc
PINK:PGVI
|
-0.008x |
|
WeedHire International Inc
PINK:WDHR
|
-0.086x |
|
Landmark Land Company Inc
PINK:LLND
|
-0.026x |
|
Global Ecology Corp
PINK:GLEC
|
0.001x |
|
Banco Espirito Santo S.A.
PINK:BKESY
|
0.000x |
|
Rain Forest International Inc
PINK:RFII
|
-0.033x |
|
Meltronix Inc
PINK:MTNX
|
0.050x |
|
T.W. Christian Inc
PINK:TWCI
|
0.071x |
Annual Cash Flow Conversion Efficiency for Porto Energy Corp (2010–2013)
The table below shows the annual cash flow conversion efficiency of Porto Energy Corp from 2010 to 2013.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2013-08-31 | $5.16 Million | $-4.00 Million | -0.777x | -21.75% |
| 2012-08-31 | $21.70 Million | $-13.84 Million | -0.638x | -1561.07% |
| 2011-08-31 | $107.64 Million | $4.70 Million | 0.044x | +135.16% |
| 2010-08-31 | $32.30 Million | $-4.01 Million | -0.124x | -- |