Gear Energy Ltd
Gear Energy Ltd., an exploration and production company, engages in the acquiring, developing, and holding of interests in petroleum and natural gas properties and assets in Canada. The company's oil properties are located in Central Alberta, West Central Saskatchewan, and Southeast Saskatchewan. Gear Energy Ltd. is headquartered in Calgary, Canada.
Gear Energy Ltd (GENGF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.072x
Based on the latest financial reports, Gear Energy Ltd (GENGF) has a cash flow conversion efficiency ratio of 0.072x 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 ($17.75 Million) by net assets ($245.13 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Gear Energy Ltd - Cash Flow Conversion Efficiency Trend (2011–2023)
This chart illustrates how Gear 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.
Gear Energy Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gear Energy Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Solstad Offshore ASA
PINK:SLOFF
|
0.126x |
|
What's Cooking Group NV/SA
BR:WHATS
|
0.084x |
|
Boiron S.A.
LSE:0DTF
|
0.076x |
|
Selectquote Inc
NYSE:SLQT
|
0.000x |
|
Tucows Inc.
NASDAQ:TCX
|
-0.011x |
|
Absa Group Ltd
JSE:ABG
|
-0.449x |
|
Banca Sistema S.p.A
LSE:0R9H
|
0.073x |
|
SPCG Public Company Limited
BK:SPCG
|
0.013x |
Annual Cash Flow Conversion Efficiency for Gear Energy Ltd (2011–2023)
The table below shows the annual cash flow conversion efficiency of Gear Energy Ltd from 2011 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $236.74 Million | $64.34 Million | 0.272x | -23.82% |
| 2022-12-31 | $251.61 Million | $89.77 Million | 0.357x | +36.88% |
| 2021-12-31 | $199.05 Million | $51.88 Million | 0.261x | -9.49% |
| 2020-12-31 | $104.93 Million | $30.22 Million | 0.288x | +5.23% |
| 2019-12-31 | $182.25 Million | $49.88 Million | 0.274x | +23.18% |
| 2018-12-31 | $187.93 Million | $41.75 Million | 0.222x | -5.78% |
| 2017-12-31 | $155.93 Million | $36.77 Million | 0.236x | +32.53% |
| 2016-12-31 | $142.23 Million | $25.31 Million | 0.178x | -58.68% |
| 2015-12-31 | $94.16 Million | $40.55 Million | 0.431x | +16.28% |
| 2014-12-31 | $153.19 Million | $56.73 Million | 0.370x | +18.24% |
| 2013-12-31 | $118.76 Million | $37.19 Million | 0.313x | +7.77% |
| 2012-12-31 | $125.64 Million | $36.51 Million | 0.291x | +589.16% |
| 2011-12-31 | $118.37 Million | $4.99 Million | 0.042x | -- |