Axis Energy Corp
Axis Energy Corporation engages in the acquisition and development of oil and gas properties. The company was founded in 1992 and is based in Houston, Texas.
Axis Energy Corp (AXGC) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2013: 0.011x
Based on the latest financial reports, Axis Energy Corp (AXGC) has a cash flow conversion efficiency ratio of 0.011x as of September 2013.
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 ($1.06K) by net assets ($96.08K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Axis Energy Corp - Cash Flow Conversion Efficiency Trend (2008–2012)
This chart illustrates how Axis Energy Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Axis Energy Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Axis Energy Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Forecastagility Corporation
PINK:FCGY
|
0.034x |
|
USA Real Estate Holding Co
PINK:USTC
|
0.084x |
|
Cannalink Inc
PINK:CNLK
|
N/A |
|
Ballistic Recovery Systems Inc
PINK:BRSI
|
0.008x |
|
Aida Pharmaceuticals Inc
PINK:AIDA
|
0.124x |
|
RDVA Inc
PINK:RDVA
|
-0.148x |
|
Medical Supply International USA Inc
PINK:MSIU
|
0.076x |
|
Guaranty Financial Corporation
PINK:GFCJ
|
-0.114x |
Annual Cash Flow Conversion Efficiency for Axis Energy Corp (2008–2012)
The table below shows the annual cash flow conversion efficiency of Axis Energy Corp from 2008 to 2012.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2012-12-31 | $104.37K | $-8.49K | -0.081x | +4.35% |
| 2011-12-31 | $109.73K | $-9.33K | -0.085x | +9.71% |
| 2010-12-31 | $122.56K | $-11.55K | -0.094x | +94.89% |
| 2009-12-31 | $145.37K | $-268.26K | -1.845x | -838.34% |
| 2008-12-31 | $414.88K | $-81.59K | -0.197x | -- |