Arete Industries Inc
Arête Industries, Inc., an independent oil and gas company, engages in the acquisition and development of oil and natural gas reserves in the United States. It has oil and natural gas properties in Wyoming, Kansas, Colorado, and Montana. The company was incorporated in 1987 and is based in Westminster, Colorado.
Arete Industries Inc (ARET) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2017: 0.029x
Based on the latest financial reports, Arete Industries Inc (ARET) has a cash flow conversion efficiency ratio of 0.029x as of September 2017.
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 ($-52.11K) by net assets ($-1.83 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Arete Industries Inc - Cash Flow Conversion Efficiency Trend (1996–2016)
This chart illustrates how Arete Industries 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.
Arete Industries Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Arete Industries Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PhaseRx Inc
PINK:PZRXQ
|
8.545x |
|
ACTIVEX
BE:A4T
|
N/A |
|
Tristar Wellness
PINK:TWSI
|
0.009x |
|
WATER RES GRP
BE:WXV
|
N/A |
|
Imagin Medical Inc
PINK:IMEXF
|
-0.001x |
|
Optigis S.A.
WAR:OPI
|
N/A |
|
Finseta Plc
LSE:FIN
|
0.128x |
|
CUTERA
BE:TJ9
|
0.094x |
Annual Cash Flow Conversion Efficiency for Arete Industries Inc (1996–2016)
The table below shows the annual cash flow conversion efficiency of Arete Industries Inc from 1996 to 2016.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2016-12-31 | $-1.30 Million | $-463.75K | 0.356x | +1316.53% |
| 2015-12-31 | $3.31 Million | $-96.89K | -0.029x | -123.02% |
| 2014-12-31 | $5.18 Million | $658.92K | 0.127x | +78.45% |
| 2013-12-31 | $5.38 Million | $384.13K | 0.071x | +18.82% |
| 2012-12-31 | $5.91 Million | $354.89K | 0.060x | +155.54% |
| 2011-12-31 | $6.98 Million | $-754.24K | -0.108x | -192.95% |
| 2010-12-31 | $-1.83 Million | $-213.12K | 0.116x | +1536.29% |
| 2009-12-31 | $-1.00 Million | $-7.14K | 0.007x | +2.32% |
| 2008-12-31 | $-732.60K | $-5.09K | 0.007x | +105.52% |
| 2007-12-31 | $-467.36K | $58.81K | -0.126x | -208.82% |
| 2006-12-31 | $-405.17K | $-46.85K | 0.116x | -34.89% |
| 2005-12-31 | $-886.23K | $-157.39K | 0.178x | -51.42% |
| 2004-12-31 | $-934.89K | $-341.77K | 0.366x | +498.61% |
| 2003-12-31 | $-1.10 Million | $-67.40K | 0.061x | -40.93% |
| 2002-12-31 | $-1.16 Million | $-119.73K | 0.103x | -51.75% |
| 2001-12-31 | $-1.59 Million | $-339.73K | 0.214x | -40.45% |
| 2000-12-31 | $-947.79K | $-341.03K | 0.360x | +86.54% |
| 1999-12-31 | $-412.49K | $-79.57K | 0.193x | -63.56% |
| 1997-12-31 | $-292.87K | $-155.03K | 0.529x | +325.45% |
| 1996-12-31 | $-324.19K | $-40.34K | 0.124x | -- |