Plastic2Oil Inc
Plastic2Oil, Inc. engages in the transforming waste plastics to oil and other fuel products in the United States. It produces light and heavy fuel products, such as naphtha, fuel oil No. 2 and fuel oil No. 6. The company also produces by-products, including a reusable off-gas similar to natural gas and a carbon residue known as petcoke. Plastic2Oil, Inc. sells its products through fuel wholesaler… Read more
Plastic2Oil Inc (PTOI) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: 0.004x
Based on the latest financial reports, Plastic2Oil Inc (PTOI) has a cash flow conversion efficiency ratio of 0.004x as of March 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 ($-112.22K) by net assets ($-25.10 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Plastic2Oil Inc - Cash Flow Conversion Efficiency Trend (2006–2023)
This chart illustrates how Plastic2Oil 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.
Plastic2Oil Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Plastic2Oil Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Pintel Co. Ltd.
KO:291810
|
N/A |
|
54GW
LSE:54GW
|
N/A |
|
Bladeranger Ltd
TA:BLRN
|
-0.376x |
|
Integral Acquisition Corporation 1 Warrants
NASDAQ:INTEW
|
-0.024x |
|
The Alumasc Group plc
LSE:ALU
|
0.068x |
|
KOOTH PLC LS -05
F:KO0
|
N/A |
|
New Green Hemp Inc.
PINK:NGHI
|
-6.332x |
|
Faisal Spinning Mills Ltd
KAR:FASM
|
N/A |
Annual Cash Flow Conversion Efficiency for Plastic2Oil Inc (2006–2023)
The table below shows the annual cash flow conversion efficiency of Plastic2Oil Inc from 2006 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-24.62 Million | $82.52K | -0.003x | -132.25% |
| 2022-12-31 | $-22.30 Million | $-231.75K | 0.010x | +62.11% |
| 2021-12-31 | $-20.43 Million | $-130.95K | 0.006x | +39.58% |
| 2020-12-31 | $-18.58 Million | $-85.32K | 0.005x | -73.10% |
| 2019-12-31 | $-16.71 Million | $-285.30K | 0.017x | -54.56% |
| 2018-12-31 | $-14.72 Million | $-552.93K | 0.038x | +147.42% |
| 2017-12-31 | $-12.14 Million | $-184.42K | 0.015x | -80.78% |
| 2016-12-31 | $-10.51 Million | $-830.48K | 0.079x | -77.74% |
| 2015-12-31 | $-4.92 Million | $-1.75 Million | 0.355x | -71.54% |
| 2014-12-31 | $-1.37 Million | $-1.71 Million | 1.247x | +163.08% |
| 2013-12-31 | $3.85 Million | $-7.61 Million | -1.977x | -102.12% |
| 2012-12-31 | $10.28 Million | $-10.05 Million | -0.978x | +70.39% |
| 2011-12-31 | $2.11 Million | $-6.98 Million | -3.303x | -233.38% |
| 2010-12-31 | $5.03 Million | $-4.99 Million | -0.991x | -12339.85% |
| 2009-12-31 | $22.95 Million | $185.77K | 0.008x | +100.01% |
| 2008-12-31 | $2.21K | $-264.36K | -119.839x | -75110.49% |
| 2007-12-31 | $113.17K | $18.08K | 0.160x | -88.51% |
| 2006-12-31 | $103.99K | $144.59K | 1.390x | -- |