Oceanic Wind Energy Inc
Oceanic Wind Energy Inc. develops renewable energy projects in Canada. It develops an offshore wind energy project located in the Hecate Strait on the north coast of British Columbia. The company was formerly known as NaiKun Wind Energy Group Inc. and changed its name to Oceanic Wind Energy Inc. in May 2020. Oceanic Wind Energy Inc. is headquartered in Vancouver, Canada.
Oceanic Wind Energy Inc (NKWFF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.801x
Based on the latest financial reports, Oceanic Wind Energy Inc (NKWFF) has a cash flow conversion efficiency ratio of -0.801x as of September 2025.
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 ($-641.05K) by net assets ($800.33K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Oceanic Wind Energy Inc - Cash Flow Conversion Efficiency Trend (1996–2025)
This chart illustrates how Oceanic Wind 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.
Oceanic Wind Energy Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Oceanic Wind Energy Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Acuity RM Group Plc
F:BJZ0
|
N/A |
|
NEX Metals Exploration Ltd
AU:NME
|
0.158x |
|
Manhattan Corporation Limited
PINK:MHTZF
|
0.000x |
|
DFR Gold Inc.
F:I13
|
0.027x |
|
BEIERSDORF - Dusseldorf Stock Exchang
DU:BEI
|
N/A |
|
TENCENT HLDGS
BE:NNNC
|
N/A |
|
Barbara Bui SA
PA:BUI
|
-0.698x |
|
GBL - Dusseldorf Stock Exchang
DU:EAI
|
N/A |
Annual Cash Flow Conversion Efficiency for Oceanic Wind Energy Inc (1996–2025)
The table below shows the annual cash flow conversion efficiency of Oceanic Wind Energy Inc from 1996 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-09-30 | $800.33K | $-486.15K | -0.607x | -147.12% |
| 2024-09-30 | $-261.92K | $-337.66K | 1.289x | +457.60% |
| 2023-09-30 | $-1.10 Million | $-253.63K | 0.231x | +31.06% |
| 2022-09-30 | $-1.07 Million | $-188.38K | 0.176x | +11.98% |
| 2021-09-30 | $-847.52K | $-133.52K | 0.158x | -74.18% |
| 2020-09-30 | $-786.07K | $-479.59K | 0.610x | +13.08% |
| 2019-09-30 | $-923.40K | $-498.21K | 0.540x | -9.68% |
| 2018-09-30 | $-390.47K | $-233.25K | 0.597x | +119.38% |
| 2017-09-30 | $161.11K | $-496.53K | -3.082x | -266.10% |
| 2016-09-30 | $721.27K | $-607.20K | -0.842x | +65.13% |
| 2015-09-30 | $701.25K | $-1.69 Million | -2.414x | -247.17% |
| 2014-09-30 | $2.14 Million | $-1.49 Million | -0.695x | -40.00% |
| 2013-09-30 | $3.12 Million | $-1.55 Million | -0.497x | -36.31% |
| 2012-09-30 | $4.18 Million | $-1.52 Million | -0.364x | -34.91% |
| 2011-09-30 | $6.43 Million | $-1.74 Million | -0.270x | +66.72% |
| 2010-09-30 | $8.86 Million | $-7.19 Million | -0.812x | +12.86% |
| 2009-09-30 | $14.70 Million | $-13.69 Million | -0.931x | -77.57% |
| 2008-09-30 | $22.58 Million | $-11.84 Million | -0.524x | -519.32% |
| 2007-09-30 | $37.12 Million | $-3.14 Million | -0.085x | +56.15% |
| 2006-09-30 | $1.23 Million | $-237.73K | -0.193x | +44.09% |
| 2005-09-30 | $767.33K | $-265.04K | -0.345x | +13.91% |
| 2004-09-30 | $955.72K | $-383.44K | -0.401x | +31.95% |
| 2003-09-30 | $1.14 Million | $-674.80K | -0.590x | -15.97% |
| 2002-09-30 | $1.73 Million | $-880.38K | -0.508x | -13298.50% |
| 2001-09-30 | $3.64 Million | $-13.80K | -0.004x | +36.62% |
| 2000-09-30 | $3.05 Million | $-18.29K | -0.006x | +87.67% |
| 1999-09-30 | $3.13 Million | $-152.08K | -0.049x | -126.50% |
| 1998-09-30 | $3.28 Million | $-70.41K | -0.021x | -578.29% |
| 1997-09-30 | $3.41 Million | $15.29K | 0.004x | +120.84% |
| 1996-09-30 | $3.39 Million | $-72.94K | -0.022x | -- |