Pennine Petroleum Corporation
Pambili Natural Resources Corporation engages in the exploration and development of gold mining projects in Zimbabwe. It operates Happy Valley gold mine in Bulawayo, Zimbabwe; and the Golden Valley project located in Matabeleland province, Zimbabwe. The company was formerly known as Pennine Petroleum Corporation and changed its name to Pambili Natural Resources Corporation in June 2022. Pambili N… Read more
Pennine Petroleum Corporation (PNNEF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.026x
Based on the latest financial reports, Pennine Petroleum Corporation (PNNEF) has a cash flow conversion efficiency ratio of -0.026x as of September 2024.
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 ($7.41K) by net assets ($-283.83K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Pennine Petroleum Corporation - Cash Flow Conversion Efficiency Trend (2014–2023)
This chart illustrates how Pennine Petroleum 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.
Pennine Petroleum Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Pennine Petroleum Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
AUTOBACS SEVEN (AB6.SG)
STU:AB6
|
N/A |
|
GRUPO FIN BANORTE-O (4FN.SG)
STU:4FN
|
0.168x |
|
Lake Winn Resources Corp
PINK:EQTXF
|
0.085x |
|
Siljansvik AB (publ)
ST:SIVI
|
N/A |
|
Sassy Resources Corporation
OTCQB:SSYRF
|
-0.011x |
|
Krishna Defence and Allied Industries
NSE:KRISHNADEF-ST
|
N/A |
|
RADCOM (RAM.SG)
STU:RAM
|
N/A |
|
Allspring Multi Sector Income Fund
NYSE MKT:ERC
|
0.051x |
Annual Cash Flow Conversion Efficiency for Pennine Petroleum Corporation (2014–2023)
The table below shows the annual cash flow conversion efficiency of Pennine Petroleum Corporation from 2014 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-1.70 Million | $-357.42K | 0.210x | +32.74% |
| 2022-12-31 | $-1.44 Million | $-228.47K | 0.158x | +187.66% |
| 2021-12-31 | $-1.26 Million | $-69.13K | 0.055x | +162.44% |
| 2020-12-31 | $-1.95 Million | $-40.93K | 0.021x | +5555.13% |
| 2019-12-31 | $-467.09K | $-173.00 | 0.000x | -99.85% |
| 2018-12-31 | $-1.10 Million | $-278.13K | 0.254x | +108.28% |
| 2017-12-31 | $278.33K | $-853.23K | -3.065x | -286.25% |
| 2016-12-31 | $-296.92K | $-488.69K | 1.646x | +159.41% |
| 2015-12-31 | $149.59K | $-414.38K | -2.770x | -509.90% |
| 2014-12-31 | $351.19K | $-159.51K | -0.454x | -- |