Horrison Resources Inc
Horrison Resources Inc. does not have significant operations. It focuses on exploring various business opportunities in Asia and the United States. The company primarily intends to acquire companies that are wholesalers of agar wood. Previously, it was engaged in the provision of home furniture and closet organizing systems. The company was formerly known as Sichuan Leaders Petrochemical Company … Read more
Horrison Resources Inc (HRSR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2017: 0.874x
Based on the latest financial reports, Horrison Resources Inc (HRSR) has a cash flow conversion efficiency ratio of 0.874x 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 ($-15.31) by net assets ($-17.51). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Horrison Resources Inc - Cash Flow Conversion Efficiency Trend (2013–2017)
This chart illustrates how Horrison Resources 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.
Horrison Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Horrison Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Rox Resources Limited
OTCMKTS:RXXRF
|
-0.066x |
|
Femion Technology S.A.
WAR:FEM
|
N/A |
|
Dewan Automotive Engineering Limited
KAR:DWAE
|
N/A |
|
Sarwa Capital Holding
EGX:SRWA
|
N/A |
|
Naughty Ventures Corp.
F:5DE0
|
N/A |
|
Lorenzini Apparels Limited
NSE:LAL
|
0.032x |
|
MART RESOURCES
BE:NJ9
|
N/A |
|
Crimson Tide plc
LSE:TIDE
|
-0.014x |
Annual Cash Flow Conversion Efficiency for Horrison Resources Inc (2013–2017)
The table below shows the annual cash flow conversion efficiency of Horrison Resources Inc from 2013 to 2017.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2017-12-31 | $-17.51 | $-13.38K | 764.420x | +6062.36% |
| 2016-12-31 | $3.67K | $-47.06K | -12.821x | -100.91% |
| 2015-12-31 | $-46.10 | $-64.71K | 1403.709x | +49609.93% |
| 2014-12-31 | $23.12 | $-65.55 | -2.835x | -229.10% |
| 2013-12-31 | $92.49 | $-79.68 | -0.861x | -- |