Oct 88 Res Inc
Octagon 88 Resources, Inc., a natural resource company, engages in acquiring, exploring, and developing natural resource assets. It holds an indirect interest in a contiguous land base of 73 sections comprising 46,720 acres of oil sands leases, as well as a direct working interest in petroleum and natural gas leases known as the Trout Lake properties in the Province of Alberta. The company was fo… Read more
Oct 88 Res Inc (OCTX) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2014: -0.003x
Based on the latest financial reports, Oct 88 Res Inc (OCTX) has a cash flow conversion efficiency ratio of -0.003x as of December 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 ($-157.55K) by net assets ($59.71 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Oct 88 Res Inc - Cash Flow Conversion Efficiency Trend (2009–2014)
This chart illustrates how Oct 88 Res 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.
Oct 88 Res Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Oct 88 Res Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sortis Holdings Inc
PINK:SOHI
|
0.163x |
|
Coil Tubing Technology Inc
PINK:CTBG
|
-0.013x |
|
Stem Cell Authority Ltd
PINK:SCAL
|
-0.022x |
|
KS International Holdings Corporation
PINK:KSIH
|
0.001x |
|
RONN Inc.
PINK:RONN
|
0.001x |
|
Blue Water Ventures International Inc
PINK:BWVI
|
0.248x |
|
Elliott Opportunity II Corp.
PINK:EOCWF
|
0.000x |
|
RTS Oil Holdings Inc
PINK:RTSO
|
-0.061x |
Annual Cash Flow Conversion Efficiency for Oct 88 Res Inc (2009–2014)
The table below shows the annual cash flow conversion efficiency of Oct 88 Res Inc from 2009 to 2014.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2014-06-30 | $60.84 Million | $-553.13K | -0.009x | -1290.77% |
| 2013-06-30 | $61.05 Million | $-39.91K | -0.001x | -114.83% |
| 2012-06-30 | $-38.34K | $-169.00 | 0.004x | -99.92% |
| 2011-06-30 | $-5.83K | $-33.40K | 5.726x | +156.18% |
| 2010-06-30 | $2.38K | $-24.20K | -10.191x | -3459.11% |
| 2009-06-30 | $45.16K | $-12.93K | -0.286x | -- |