Colombia Energy Resources Inc
Colombia Energy Resources, Inc. engages in the exploration and development of coal mines in the Republic of Columbia. The company holds 10 coal mining concession contracts to exploit coal deposits in 10,455 hectares in the Boyacà and Santander districts of the Republic of Colombia. It also has an option to purchase a coal mining concession contract with 1,550 hectares in the Boyacà district. The … Read more
Colombia Energy Resources Inc (CERX) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2012: -0.281x
Based on the latest financial reports, Colombia Energy Resources Inc (CERX) has a cash flow conversion efficiency ratio of -0.281x as of September 2012.
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 ($-1.86 Million) by net assets ($6.63 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Colombia Energy Resources Inc - Cash Flow Conversion Efficiency Trend (2004–2011)
This chart illustrates how Colombia Energy Resources 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.
Colombia Energy Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Colombia Energy Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Merriman Holdings Inc
PINK:MERR
|
0.067x |
|
Mansfelder Metals Ltd
PINK:MNSF
|
-0.123x |
|
Universal Systems Inc
PINK:UVSS
|
31.646x |
|
New World Gold Cp
PINK:NWGC
|
-0.001x |
|
Circuit Research Labs Inc
PINK:CRLI
|
0.009x |
|
Poniard Pharmaceuticals Inc
PINK:PARD
|
-0.548x |
|
Commerce Group Corp
PINK:CGCO
|
0.001x |
|
C=Holdings B.V
OTCGREY:CBUIF
|
N/A |
Annual Cash Flow Conversion Efficiency for Colombia Energy Resources Inc (2004–2011)
The table below shows the annual cash flow conversion efficiency of Colombia Energy Resources Inc from 2004 to 2011.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2011-12-31 | $16.82 Million | $-10.01 Million | -0.595x | +47.07% |
| 2010-12-31 | $763.30K | $-858.37K | -1.125x | -1060.01% |
| 2009-12-31 | $-129.93K | $-15.22K | 0.117x | -55.16% |
| 2008-12-31 | $-114.71K | $-29.96K | 0.261x | +36.51% |
| 2007-12-31 | $-81.16K | $-15.53K | 0.191x | -78.17% |
| 2006-12-31 | $-71.84K | $-62.96K | 0.876x | +250.42% |
| 2005-12-31 | $-62.44K | $-15.62K | 0.250x | +158.38% |
| 2004-12-31 | $-49.85K | $-4.83K | 0.097x | -- |