Arkanova Energy Corporation
Arkanova Energy Corporation operates as a junior producing oil and gas company in the United States. It engages in the acquisition, exploration, and development of prospective oil and gas properties; and hold mineral leases in leasehold interests located in Pondera and Glacier Counties, Montana. The company is headquartered in Austin, Texas.
Arkanova Energy Corporation (AKVA) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2016: 0.013x
Based on the latest financial reports, Arkanova Energy Corporation (AKVA) has a cash flow conversion efficiency ratio of 0.013x as of September 2016.
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 ($-241.88K) by net assets ($-18.97 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Arkanova Energy Corporation - Cash Flow Conversion Efficiency Trend (2003–2016)
This chart illustrates how Arkanova Energy Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Arkanova Energy Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Arkanova Energy Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PETRA FOODS
BE:FXB
|
0.011x |
|
Yappn Corp
PINK:YPPN
|
0.126x |
|
238170
KO:238170
|
N/A |
|
ECA Marcellus Trust I Unit
PINK:ECTM
|
-0.023x |
|
GIGLIO.COM S.P.A. O.N.
F:5JR0
|
N/A |
|
SHANGHAI ELECT -H-
MU:USR
|
N/A |
|
Republic Digital Acquisition Company Warrants
NASDAQ:RDAGW
|
N/A |
|
Proto Script Pharmaceutical Corp
PINK:PSCR
|
0.017x |
Annual Cash Flow Conversion Efficiency for Arkanova Energy Corporation (2003–2016)
The table below shows the annual cash flow conversion efficiency of Arkanova Energy Corporation from 2003 to 2016.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2016-09-30 | $-18.97 Million | $-1.86 Million | 0.098x | +10.91% |
| 2015-09-30 | $-14.94 Million | $-1.32 Million | 0.088x | -39.20% |
| 2014-09-30 | $-11.63 Million | $-1.69 Million | 0.145x | +13.11% |
| 2013-09-30 | $-9.19 Million | $-1.18 Million | 0.129x | -47.02% |
| 2012-09-30 | $-6.78 Million | $-1.65 Million | 0.243x | +17.89% |
| 2011-09-30 | $-11.40 Million | $-2.35 Million | 0.206x | -10.91% |
| 2010-09-30 | $-10.71 Million | $-2.48 Million | 0.231x | +117.10% |
| 2009-09-30 | $2.31 Million | $-3.12 Million | -1.351x | -1771.33% |
| 2008-09-30 | $12.13 Million | $-875.70K | -0.072x | -71.60% |
| 2007-09-30 | $13.10 Million | $-551.05K | -0.042x | -101.08% |
| 2006-09-30 | $-12.78K | $-49.68K | 3.888x | +305.49% |
| 2005-09-30 | $-35.51K | $-34.04K | 0.959x | +215.19% |
| 2004-09-30 | $-8.80K | $-2.68K | 0.304x | -8.00% |
| 2003-09-30 | $-8.80K | $-2.91K | 0.331x | -- |