Cabo Drilling Corp
Cabo Drilling Corp., a drilling services company, provides contract drilling services to major, mid-tier, and junior mining and mineral exploration companies in Canada, Greece, Panama, Colombia, Albania, Kosovo, and the United States. Its services include surface and underground coring, directional, reverse circulation, and geotechnical drilling. The company also offers tree falling and clearing … Read more
Cabo Drilling Corp (CBEEF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2018: -0.033x
Based on the latest financial reports, Cabo Drilling Corp (CBEEF) has a cash flow conversion efficiency ratio of -0.033x as of March 2018.
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 ($-57.75K) by net assets ($1.75 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cabo Drilling Corp - Cash Flow Conversion Efficiency Trend (2012–2017)
This chart illustrates how Cabo Drilling 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.
Cabo Drilling Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Cabo Drilling Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
THC Therapeutics Inc
PINK:THCT
|
0.039x |
|
Pender Street Capital Corp.
V:PCP-P
|
-0.004x |
|
NINE DRAGONS PAPER
MU:N3Y
|
N/A |
|
Lion Capital S.A.
RO:LION
|
-0.004x |
|
Attock Cement Pakistan Ltd
KAR:ACPL
|
-0.017x |
|
Fortune Valley Treasures Inc
PINK:FVTI
|
-0.001x |
|
Acmepoint Energy Services Co.,LTD
TWO:6692
|
N/A |
|
Alexandria New Medical Center
EGX:AMES
|
N/A |
Annual Cash Flow Conversion Efficiency for Cabo Drilling Corp (2012–2017)
The table below shows the annual cash flow conversion efficiency of Cabo Drilling Corp from 2012 to 2017.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2017-06-30 | $3.07 Million | $112.00K | 0.037x | -50.54% |
| 2016-06-30 | $7.05 Million | $520.29K | 0.074x | +285.49% |
| 2015-06-30 | $11.99 Million | $-477.50K | -0.040x | -144.75% |
| 2014-06-30 | $18.70 Million | $1.66 Million | 0.089x | -31.27% |
| 2013-06-30 | $22.60 Million | $2.92 Million | 0.129x | +111.69% |
| 2012-06-30 | $23.45 Million | $1.43 Million | 0.061x | -- |