Erin Energy Corp
Erin Energy Corporation, an independent exploration and production company, engages in the acquisition and development of energy resources in Africa. Its asset portfolio consists of five licenses covering an area of approximately 6,000 square kilometers across offshore Nigeria, offshore Ghana, and offshore The Gambia. The company was formerly known as CAMAC Energy Inc. and changed its name to Eri… Read more
Erin Energy Corp (ERINQ) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2017: -0.032x
Based on the latest financial reports, Erin Energy Corp (ERINQ) has a cash flow conversion efficiency ratio of -0.032x as of December 2017.
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 ($11.50 Million) by net assets ($-362.78 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Erin Energy Corp - Cash Flow Conversion Efficiency Trend (2007–2017)
This chart illustrates how Erin Energy 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.
Erin Energy Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Erin Energy Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Plumb Fast Co
KO:035200
|
-0.007x |
|
Inception Growth Acquisition Limited Warrants
NASDAQ:IGTAW
|
0.109x |
|
Paranovus Entertainment Technology Ltd.
NASDAQ:PAVS
|
-0.006x |
|
278990
KO:278990
|
N/A |
|
CLARIANE SE
PINK:KRNMF
|
N/A |
|
ECOMMERCE ALL N (ECF.SG)
STU:ECF
|
N/A |
|
Canal+ SA
F:YA3
|
N/A |
|
EZTC3F
SA:EZTC3F
|
N/A |
Annual Cash Flow Conversion Efficiency for Erin Energy Corp (2007–2017)
The table below shows the annual cash flow conversion efficiency of Erin Energy Corp from 2007 to 2017.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2017-12-31 | $-362.78 Million | $26.06 Million | -0.072x | -153.87% |
| 2016-12-31 | $-224.62 Million | $6.36 Million | -0.028x | -39.58% |
| 2015-12-31 | $-105.83 Million | $2.15 Million | -0.020x | +79.82% |
| 2014-12-31 | $334.00 Million | $-33.55 Million | -0.100x | -127.07% |
| 2013-12-31 | $167.09 Million | $-7.39 Million | -0.044x | -35.95% |
| 2012-12-31 | $181.25 Million | $-5.90 Million | -0.033x | +58.88% |
| 2011-12-31 | $185.21 Million | $-14.65 Million | -0.079x | -308.17% |
| 2010-12-31 | $206.99 Million | $7.87 Million | 0.038x | +102.89% |
| 2009-12-31 | $5.40 Million | $-7.11 Million | -1.317x | -451.45% |
| 2008-12-31 | $13.43 Million | $-3.21 Million | -0.239x | -100.43% |
| 2007-12-31 | $17.29 Million | $-2.06 Million | -0.119x | -- |