Gase Energy Inc
GASE Energy, Inc., an independent energy company, focuses on the exploration, development, and production of natural gas in Ukraine. The company has approximately 104,031 net acres for the exploration of natural gas properties in the Lisichansk-Toskovskay area located in the Dnieper-Donetsk Basin. The company was formerly known as Great East Energy, Inc. and changed its name to GASE Energy, Inc. … Read more
Gase Energy Inc (GASE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2014: -1.376x
Based on the latest financial reports, Gase Energy Inc (GASE) has a cash flow conversion efficiency ratio of -1.376x as of September 2014.
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 ($-56.24K) by net assets ($40.87K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Gase Energy Inc - Cash Flow Conversion Efficiency Trend (2011–2013)
This chart illustrates how Gase Energy 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.
Gase Energy Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gase Energy Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Net One Systems Co. Ltd
PINK:NONEY
|
0.025x |
|
PHSC PLC
LSE:PHSC
|
-0.049x |
|
BlockQuarry Corp
PINK:BLQC
|
0.003x |
|
Bluefield Solar Income Fund
LSE:BSIF
|
-0.001x |
|
Maxwell Resource
PINK:BCDS
|
0.008x |
|
Agristar Inc
PINK:AGRS
|
-0.073x |
|
Peoples Educational Holdings Inc
PINK:PEDH
|
-0.065x |
|
MULTIVERSE MINING AND EXPLORATION PLC
XNSA:MULTIVERSE
|
N/A |
Annual Cash Flow Conversion Efficiency for Gase Energy Inc (2011–2013)
The table below shows the annual cash flow conversion efficiency of Gase Energy Inc from 2011 to 2013.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2013-12-31 | $769.88K | $-241.35K | -0.313x | -102.32% |
| 2012-12-31 | $-4.87K | $-65.88K | 13.516x | +483561.56% |
| 2011-12-31 | $16.45K | $-46.00 | -0.003x | -- |