PetroShale Inc
Lucero Energy Corp., an independent oil company, engages in the acquisition, development, and production of oil-weighted assets in the Bakken and Three Forks formations in the Williston Basin area of North Dakota. The company was formerly known as PetroShale Inc. and changed its name to Lucero Energy Corp. in May 2022. Lucero Energy Corp. is headquartered in Calgary, Canada. As of March 7, 2025, … Read more
PetroShale Inc (PSHIF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.042x
Based on the latest financial reports, PetroShale Inc (PSHIF) has a cash flow conversion efficiency ratio of 0.042x 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 ($22.43 Million) by net assets ($533.91 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
PetroShale Inc - Cash Flow Conversion Efficiency Trend (2012–2023)
This chart illustrates how PetroShale 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.
PetroShale Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of PetroShale Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Honghua Group Limited
F:4HB
|
0.011x |
|
Bioceltix S.A.
WAR:BCX
|
-0.184x |
|
Xaar plc
PINK:XAARF
|
-0.016x |
|
YEAH1 Group Corp
VN:YEG
|
-0.051x |
|
Bien Sparebank ASA
OL:BIEN
|
-0.022x |
|
Seoyon Co Ltd
KO:007860
|
0.053x |
|
JSL S.A
SA:JSLG3
|
0.419x |
|
OPC Energy Ltd
TA:OPCE
|
0.043x |
Annual Cash Flow Conversion Efficiency for PetroShale Inc (2012–2023)
The table below shows the annual cash flow conversion efficiency of PetroShale Inc from 2012 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $502.69 Million | $136.73 Million | 0.272x | -26.96% |
| 2022-12-31 | $463.40 Million | $172.57 Million | 0.372x | +53.12% |
| 2021-12-31 | $296.99 Million | $72.23 Million | 0.243x | -52.15% |
| 2020-12-31 | $137.70 Million | $69.99 Million | 0.508x | +30.22% |
| 2019-12-31 | $201.20 Million | $78.54 Million | 0.390x | +9.35% |
| 2018-12-31 | $194.73 Million | $69.51 Million | 0.357x | +64.22% |
| 2017-12-31 | $88.65 Million | $19.27 Million | 0.217x | +122.18% |
| 2016-12-31 | $-9.40 Million | $9.22 Million | -0.980x | -150.06% |
| 2015-12-31 | $4.02 Million | $7.86 Million | 1.958x | +2477.31% |
| 2014-12-31 | $8.85 Million | $-728.85K | -0.082x | -215.29% |
| 2013-12-31 | $7.38 Million | $527.00K | 0.071x | +127.46% |
| 2012-12-31 | $8.86 Million | $278.17K | 0.031x | -- |