American Noble Gas Inc.
American Noble Gas, Inc. focuses on the acquisition, exploration, and development of oil and natural gas resources. It has an option to acquire oil and gas properties in central Kansas covering an area of approximately 11,000 acres. The company was formerly known as Infinity Energy Resources, Inc. and changed its name to American Noble Gas, Inc. in October 2021. The company was incorporated in 19… Read more
American Noble Gas Inc. (AMNI) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: 0.045x
Based on the latest financial reports, American Noble Gas Inc. (AMNI) has a cash flow conversion efficiency ratio of 0.045x as of September 2023.
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 ($-208.64K) by net assets ($-4.60 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
American Noble Gas Inc. - Cash Flow Conversion Efficiency Trend (2019–2022)
This chart illustrates how American Noble Gas Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
American Noble Gas Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of American Noble Gas Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Linklogis Inc. Class B
F:0NY
|
N/A |
|
Traction Uranium Corp.
OTCQB:TRCTD
|
-0.353x |
|
Sidney Resources Corp
PINK:SDRC
|
-0.113x |
|
PROTEOLOGICS - Tel Aviv Stock Exchang
TA:PRTL
|
N/A |
|
Asia Pacific Investment JSC
VN:API
|
N/A |
|
Sunder Biomedical Tech. Co., Ltd.
TWO:4115
|
0.046x |
|
BC IRON (BC3.SG)
STU:BC3
|
N/A |
|
Bela Automotive Limited
KAR:BELA
|
N/A |
Annual Cash Flow Conversion Efficiency for American Noble Gas Inc. (2019–2022)
The table below shows the annual cash flow conversion efficiency of American Noble Gas Inc. from 2019 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $-5.26 Million | $-249.84K | 0.048x | -81.24% |
| 2021-12-31 | $-3.17 Million | $-801.55K | 0.253x | +778.90% |
| 2020-12-31 | $-6.82 Million | $-196.62K | 0.029x | +431.34% |
| 2019-12-31 | $-13.22 Million | $-71.67K | 0.005x | -- |