Puissant Industries Inc
Puissant Industries, Inc. explores, develops, and produces oil and natural gas properties focusing on the onshore United States. The company holds oil and gas interests in the Raccoon Mountain, Wofford, Woodbine, and Rockholds Fields located in Clay and Whitley counties in Kentucky. It has 39 wells with an area of approximately 4,685 acres available for drilling and exploration. The company was f… Read more
Puissant Industries Inc (PSSS) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2023: 4.065x
Based on the latest financial reports, Puissant Industries Inc (PSSS) has a cash flow conversion efficiency ratio of 4.065x as of December 2023.
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 ($-508.50K) by net assets ($-125.10K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Puissant Industries Inc - Cash Flow Conversion Efficiency Trend (2010–2023)
This chart illustrates how Puissant Industries 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.
Puissant Industries Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Puissant Industries Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hutn Inc
PINK:HUTN
|
-3.353x |
|
Molecular Pharmacology (USA) Ltd
PINK:MLPH
|
0.015x |
|
Nyle International Corp
OTCGREY:NYLE
|
N/A |
|
AMALGAMATED REGIONAL TRADING (ART) HOLDINGS LIMITED
XZIM:ARTD
|
N/A |
|
Hop-On Inc
PINK:HPNN
|
0.000x |
|
Itonis Inc
PINK:ITNS
|
0.001x |
|
Yippy Inc.
PINK:YIPI
|
-0.034x |
|
New Generation Consumer Group Inc
PINK:NGCG
|
0.351x |
Annual Cash Flow Conversion Efficiency for Puissant Industries Inc (2010–2023)
The table below shows the annual cash flow conversion efficiency of Puissant Industries Inc from 2010 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-125.10K | $-499.06K | 3.989x | +45290.49% |
| 2022-12-31 | $2.77 Million | $-24.43K | -0.009x | -116.56% |
| 2021-12-31 | $2.78 Million | $-11.32K | -0.004x | +76.67% |
| 2020-12-31 | $2.83 Million | $-49.44K | -0.017x | +14.65% |
| 2019-12-31 | $2.92 Million | $-59.70K | -0.020x | -168.52% |
| 2018-12-31 | $3.11 Million | $92.93K | 0.030x | +2.20% |
| 2017-12-31 | $3.51 Million | $102.58K | 0.029x | +69.66% |
| 2016-12-31 | $3.20 Million | $55.18K | 0.017x | +235.34% |
| 2015-12-31 | $3.24 Million | $-41.24K | -0.013x | -279.86% |
| 2014-12-31 | $3.38 Million | $-11.34K | -0.003x | -101.01% |
| 2013-12-31 | $673.11K | $222.85K | 0.331x | -4.97% |
| 2012-12-31 | $640.18K | $223.04K | 0.348x | +892.35% |
| 2011-12-31 | $381.68K | $-16.78K | -0.044x | -162.13% |
| 2010-12-31 | $-241.88K | $-17.12K | 0.071x | -- |