Horizon Oil Limited
Horizon Oil Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in China, New Zealand, Australia, and Thailand. It also involved in the exploration and evaluation of hydrocarbons. Horizon Oil Limited was incorporated in 1969 and is headquartered in Sydney, Australia.
Horizon Oil Limited (HZNFF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.241x
Based on the latest financial reports, Horizon Oil Limited (HZNFF) has a cash flow conversion efficiency ratio of 0.241x as of June 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 ($23.11 Million) by net assets ($95.78 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Horizon Oil Limited - Cash Flow Conversion Efficiency Trend (2014–2023)
This chart illustrates how Horizon Oil Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Horizon Oil Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Horizon Oil Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Alkane Resources Limited
PINK:ALKEF
|
0.122x |
|
Zhejiang Benli Technology Co. Ltd.
SHE:301065
|
N/A |
|
IDI SCA INH. EO 710
F:8KC
|
N/A |
|
T&L Co. Ltd
KQ:340570
|
0.049x |
|
DEEP VAL.DRILL.AS NK -10
F:9YG
|
N/A |
|
Unisys Corporation
NYSE:UIS
|
-0.133x |
|
Yunnan Bowin Technology Industry Co Ltd
SHG:600883
|
-0.001x |
|
Ventura Offshore Holding Ltd.
F:G4C
|
N/A |
Annual Cash Flow Conversion Efficiency for Horizon Oil Limited (2014–2023)
The table below shows the annual cash flow conversion efficiency of Horizon Oil Limited from 2014 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | $95.78 Million | $71.96 Million | 0.751x | +30.96% |
| 2022-06-30 | $99.23 Million | $56.93 Million | 0.574x | +173.15% |
| 2021-06-30 | $110.28 Million | $23.16 Million | 0.210x | -30.97% |
| 2020-06-30 | $120.73 Million | $36.73 Million | 0.304x | -15.81% |
| 2019-06-30 | $201.49 Million | $72.81 Million | 0.361x | -19.07% |
| 2018-06-30 | $128.95 Million | $57.58 Million | 0.447x | +73.87% |
| 2017-06-30 | $138.75 Million | $35.63 Million | 0.257x | -18.22% |
| 2016-06-30 | $140.77 Million | $44.20 Million | 0.314x | +36.78% |
| 2015-06-30 | $41.33 Million | $9.49 Million | 0.230x | -21.35% |
| 2014-06-30 | $222.57 Million | $64.97 Million | 0.292x | -- |