Bluefire
BlueFire Equipment Corporation designs and manufactures drill bits for use in the exploration and production of oil and gas in the United States. It sells and leases polycrystalline diamond cutter (PDC) drill bits to drilling contractors and oil and gas companies, as well as provides repair and after sale services. The company was founded in 2008 and is headquartered in Houston, Texas.
Bluefire (BLFR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.002x
Based on the latest financial reports, Bluefire (BLFR) has a cash flow conversion efficiency ratio of -0.002x 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 ($-492.88K) by net assets ($277.64 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Bluefire - Cash Flow Conversion Efficiency Trend (2010–2022)
This chart illustrates how Bluefire's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Bluefire Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Bluefire ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
OLYMPIA CAPITAL HOLDINGS LTD
XNAI:OCH
|
N/A |
|
Oneiro Energy PLC
LSE:ONE
|
N/A |
|
MyHealthChecked Plc
LSE:MHC
|
-0.067x |
|
Bisichi Mining PLC
LSE:BISI
|
0.027x |
|
Aperture Health Inc
PINK:ELNX
|
N/A |
|
One2tribe S.A.
WAR:O2T
|
N/A |
|
Molecular Templates Inc
OTCMKTS:MTEM
|
-0.824x |
|
Enka de Colombia S.A.: ENKA
CM:ENKA
|
N/A |
Annual Cash Flow Conversion Efficiency for Bluefire (2010–2022)
The table below shows the annual cash flow conversion efficiency of Bluefire from 2010 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $2.65 Million | $-89.21K | -0.034x | -172.75% |
| 2018-12-31 | $-782.25K | $-36.14K | 0.046x | -63.11% |
| 2017-12-31 | $-899.85K | $-112.71K | 0.125x | +74.95% |
| 2016-12-31 | $-715.51K | $-51.23K | 0.072x | -96.48% |
| 2012-12-31 | $-75.90K | $-154.35K | 2.034x | +179.42% |
| 2011-12-31 | $25.05K | $-64.13K | -2.561x | -390.12% |
| 2010-12-31 | $17.41K | $15.37K | 0.883x | -- |