New Frontier Energy Inc
New Frontier Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of natural gas and crude oil. It holds 297,000 acres in the Permian Basin, located in the western half of the Permian Basin; 186,000 acres in the Marcellus Shale, located in Susquehanna County, Pennsylvania; and 181,000 acres in the Anadarko Basin, located in the Mid-Cont… Read more
New Frontier Energy Inc (NFEI) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of August 2022: 3.663x
Based on the latest financial reports, New Frontier Energy Inc (NFEI) has a cash flow conversion efficiency ratio of 3.663x as of August 2022.
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 ($-395.77K) by net assets ($-108.05K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
New Frontier Energy Inc - Cash Flow Conversion Efficiency Trend (2008–2022)
This chart illustrates how New Frontier 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.
New Frontier Energy Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of New Frontier Energy Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Click To Raffle.Com Inc
PINK:AQFD
|
-0.001x |
|
Wall Street Capital Inc
PINK:WSSE
|
1.139x |
|
AimRite Holdings Corp
PINK:AIMH
|
0.008x |
|
Dunes Exploration Ltd
PINK:DYRFF
|
-0.113x |
|
VMS Rehab Systems Inc
PINK:VRSYF
|
-0.018x |
|
Candlewood Hotel Company Inc
PINK:CNDL
|
0.012x |
|
Everlert Inc
PINK:EVLI
|
0.000x |
|
Live Microsystems Inc
PINK:LMSC
|
0.036x |
Annual Cash Flow Conversion Efficiency for New Frontier Energy Inc (2008–2022)
The table below shows the annual cash flow conversion efficiency of New Frontier Energy Inc from 2008 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-02-28 | $-452.28K | $-40.36K | 0.089x | -66.01% |
| 2014-02-28 | $11.29 Million | $2.96 Million | 0.263x | +60.42% |
| 2013-02-28 | $13.30 Million | $2.18 Million | 0.164x | +229.12% |
| 2012-02-29 | $15.10 Million | $-1.91 Million | -0.127x | +72.77% |
| 2011-02-28 | $3.66 Million | $-1.71 Million | -0.465x | -22.97% |
| 2010-02-28 | $4.74 Million | $-1.79 Million | -0.379x | -163.20% |
| 2009-02-28 | $11.99 Million | $-1.72 Million | -0.144x | -1.70% |
| 2008-02-29 | $21.56 Million | $-3.05 Million | -0.141x | -- |