Commerce Energy Group Inc
Commerce Energy Group Inc. through its subsidiaries provides electric power and natural gas to residential, commercial, industrial and institutional customers in California, Pennsylvania, Michigan, Maryland, New Jersey, Texas, Florida, Georgia, Nevada, and Ohio. The company was founded in 1997 and is based in Costa Mesa, California.
Commerce Energy Group Inc (CMNR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of April 2009: -0.612x
Based on the latest financial reports, Commerce Energy Group Inc (CMNR) has a cash flow conversion efficiency ratio of -0.612x as of April 2009.
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 ($-60.00K) by net assets ($98.00K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Commerce Energy Group Inc - Cash Flow Conversion Efficiency Trend (2003–2008)
This chart illustrates how Commerce Energy Group 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.
Commerce Energy Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Commerce Energy Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Rainmaker Systems
PINK:VCTL
|
0.106x |
|
Entertainment Arts Research Inc
PINK:EARI
|
0.426x |
|
Supernova Energy Inc
PINK:SPRN
|
0.000x |
|
Rightsmile Inc.
PINK:RIGH
|
0.008x |
|
Paradigm Oil And Gas
PINK:PDGO
|
-0.013x |
|
Jupiter Marine International Holdings Inc
PINK:JMIH
|
0.596x |
|
APT Moto Vox Group Inc
PINK:MTVX
|
N/A |
|
Sphere Resources Inc
PINK:SPHUF
|
-0.001x |
Annual Cash Flow Conversion Efficiency for Commerce Energy Group Inc (2003–2008)
The table below shows the annual cash flow conversion efficiency of Commerce Energy Group Inc from 2003 to 2008.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2008-07-31 | $39.87 Million | $-18.10 Million | -0.454x | -99.50% |
| 2007-07-31 | $70.52 Million | $-16.05 Million | -0.228x | -349.00% |
| 2006-07-31 | $66.33 Million | $6.06 Million | 0.091x | +279.83% |
| 2005-07-31 | $70.06 Million | $-3.56 Million | -0.051x | -1303.39% |
| 2004-07-31 | $74.11 Million | $313.00K | 0.004x | -92.97% |
| 2003-07-31 | $93.62 Million | $5.62 Million | 0.060x | -- |