Coil Tubing Technology Inc
Coil Tubing Technology, Inc., a coil tubing company, focuses on the development, marketing, and rental of advanced tools and related technical solutions for use with coil tubing and jointed pipe in the bottom hole assembly for the exploration and production of hydrocarbons worldwide. The company's products include jar accelerator, extended reach, bi-directional jar, jet hammer, jet motor, spinnin… Read more
Coil Tubing Technology Inc (CTBG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2015: -0.013x
Based on the latest financial reports, Coil Tubing Technology Inc (CTBG) has a cash flow conversion efficiency ratio of -0.013x as of September 2015.
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 ($-51.00K) by net assets ($4.07 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Coil Tubing Technology Inc - Cash Flow Conversion Efficiency Trend (1999–2015)
This chart illustrates how Coil Tubing Technology 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.
Coil Tubing Technology Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Coil Tubing Technology Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Stem Cell Authority Ltd
PINK:SCAL
|
-0.022x |
|
KS International Holdings Corporation
PINK:KSIH
|
0.001x |
|
MobiVentures Inc
PINK:MBLV
|
N/A |
|
Idarado Mining Company
PINK:IDAM
|
N/A |
|
Sortis Holdings Inc
PINK:SOHI
|
0.163x |
|
Oct 88 Res Inc
PINK:OCTX
|
-0.003x |
|
RONN Inc.
PINK:RONN
|
0.001x |
|
Blue Water Ventures International Inc
PINK:BWVI
|
0.248x |
Annual Cash Flow Conversion Efficiency for Coil Tubing Technology Inc (1999–2015)
The table below shows the annual cash flow conversion efficiency of Coil Tubing Technology Inc from 1999 to 2015.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2015-06-30 | $6.69 Million | $1.20 Million | 0.179x | +75.19% |
| 2014-06-30 | $6.80 Million | $694.00K | 0.102x | -9.98% |
| 2013-06-30 | $7.20 Million | $817.00K | 0.113x | -46.54% |
| 2012-06-30 | $4.78 Million | $1.01 Million | 0.212x | +106.54% |
| 2002-06-30 | $-5.24 Million | $-537.78K | 0.103x | +3212.79% |
| 2001-06-30 | $-4.22 Million | $-13.09K | 0.003x | -99.07% |
| 2000-06-30 | $-3.72 Million | $-1.24 Million | 0.334x | +434.60% |
| 1999-06-30 | $-3.37 Million | $337.07K | -0.100x | -- |