Northamerican Energy Group Corporation
Northamerican Energy Group Corporation engages in the identification, acquisition, and development of hydrocarbon, oil, and gas reserves. It has gas and oil production leases located in the Pecos Valley Field, southwest of Midland, Texas, and Permian Basin. The company, formerly known as Nuoasis Properties Inc. and changed its name to Northamerican Energy Group Corporation in May 2005. The compan… Read more
Northamerican Energy Group Corporation (NNYR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2006: 0.547x
Based on the latest financial reports, Northamerican Energy Group Corporation (NNYR) has a cash flow conversion efficiency ratio of 0.547x as of December 2006.
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 ($-38.26K) by net assets ($-70.00K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Northamerican Energy Group Corporation - Cash Flow Conversion Efficiency Trend (1998–2006)
This chart illustrates how Northamerican Energy Group Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Northamerican Energy Group Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Northamerican Energy Group Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
American Silver Mining Co
PINK:ASLM
|
N/A |
|
Golden Band Resources Inc
PINK:GBRIF
|
0.001x |
|
Opus Magnum Ameris Inc
PINK:OPUS
|
0.043x |
|
AimRite Holdings Corp
PINK:AIMH
|
0.008x |
|
Infinite Networks Corporation
PINK:INNX
|
4.960x |
|
Now Corp
PINK:NWPN
|
0.022x |
|
Apparel Manufacturing Associates Inc
PINK:APPM
|
-76.180x |
|
Haber Inc
PINK:ASPT
|
0.278x |
Annual Cash Flow Conversion Efficiency for Northamerican Energy Group Corporation (1998–2006)
The table below shows the annual cash flow conversion efficiency of Northamerican Energy Group Corporation from 1998 to 2006.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2006-12-31 | $-70.00K | $-144.04K | 2.058x | +207.81% |
| 2005-12-31 | $59.57K | $-113.70K | -1.909x | -335.66% |
| 1998-12-31 | $-44.63K | $-36.15K | 0.810x | -- |