Cygnus Oil & Gas Corp
On October 2, 2007, Cygnus Oil & Gas Corp. went out of business as per its Chapter 11 liquidation filing under bankruptcy. Cygnus Oil and Gas Corporation, a development stage energy company, engages in the exploration, development and production of oil and gas in the United States and New Zealand. It has interests in 13 oil and gas projects. The company, formerly known as Touchstone Resources USA… Read more
Cygnus Oil & Gas Corp (CYNS) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2006: 0.088x
Based on the latest financial reports, Cygnus Oil & Gas Corp (CYNS) has a cash flow conversion efficiency ratio of 0.088x as of September 2006.
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 ($792.63K) by net assets ($8.96 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cygnus Oil & Gas Corp - Cash Flow Conversion Efficiency Trend (2002–2005)
This chart illustrates how Cygnus Oil & Gas 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.
Cygnus Oil & Gas Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Cygnus Oil & Gas Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Syntrol Corp
PINK:SNLP
|
N/A |
|
Sharpe Resources Corporation
PINK:SHGP
|
0.001x |
|
Oxford Investments Holdings Inc
PINK:OXIHF
|
-0.246x |
|
Wall Street Capital Inc
PINK:WSSE
|
1.139x |
|
InRob Tech Ltd
PINK:IRBL
|
1.590x |
|
Caliber Imaging & Diagnostics Inc
PINK:LCDX
|
0.034x |
|
MotorVac Technologies Inc
PINK:MVAC
|
0.050x |
|
Neurogenesis Inc
PINK:NEUN
|
N/A |
Annual Cash Flow Conversion Efficiency for Cygnus Oil & Gas Corp (2002–2005)
The table below shows the annual cash flow conversion efficiency of Cygnus Oil & Gas Corp from 2002 to 2005.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2005-12-31 | $4.59 Million | $-3.28 Million | -0.714x | -112.37% |
| 2004-12-31 | $5.78 Million | $-1.94 Million | -0.336x | -173.38% |
| 2003-12-31 | $-38.93K | $-17.82K | 0.458x | +105.42% |
| 2002-12-31 | $3.16K | $-26.65K | -8.444x | -- |