LGX Oil + Gas Inc
LGX Oil + Gas Inc., a junior oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas reserves primarily in Western Canada. The company produces light crude oil, natural gas liquids, and natural gas. Its principal properties comprise the Manyberries property, Alberta Bakken properties, and Armada property located in southern Alberta.… Read more
LGX Oil + Gas Inc (ROAOF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2016: -0.090x
Based on the latest financial reports, LGX Oil + Gas Inc (ROAOF) has a cash flow conversion efficiency ratio of -0.090x as of March 2016.
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 ($-559.33K) by net assets ($6.25 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
LGX Oil + Gas Inc - Cash Flow Conversion Efficiency Trend (2009–2015)
This chart illustrates how LGX Oil + Gas 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.
LGX Oil + Gas Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of LGX Oil + Gas Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
China Mulans Nano Technology Corp. Ltd
PINK:CMNT
|
N/A |
|
Active Health Foods
PINK:AHFD
|
0.109x |
|
VIP ComLink Inc
PINK:VIPK
|
N/A |
|
FlexPower Inc
PINK:FLXP
|
0.017x |
|
Warrior Girl Corp
PINK:WRGL
|
0.001x |
|
Sutimco International Inc
PINK:SUTI
|
0.011x |
|
Alaska Pacific Energy Corp
PINK:ASKE
|
0.000x |
|
AVP Inc
PINK:AVPI
|
-3.190x |
Annual Cash Flow Conversion Efficiency for LGX Oil + Gas Inc (2009–2015)
The table below shows the annual cash flow conversion efficiency of LGX Oil + Gas Inc from 2009 to 2015.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2015-12-31 | $6.16 Million | $101.42K | 0.016x | -57.91% |
| 2014-12-31 | $43.97 Million | $1.72 Million | 0.039x | -38.14% |
| 2013-12-31 | $86.09 Million | $5.45 Million | 0.063x | +379.19% |
| 2012-12-31 | $105.54 Million | $-2.39 Million | -0.023x | -133.43% |
| 2011-12-31 | $36.09 Million | $2.45 Million | 0.068x | +1604.47% |
| 2010-12-31 | $43.12 Million | $171.51K | 0.004x | -- |
| 2009-12-31 | $24.08 Million | $0.00 | 0.000x | -- |