Sharpe Resources Corporation
Sharpe Resources Corporation engages in the exploration and development of mineral resources and oil and gas in the western United States. The company primarily focuses on the coal, coal bed methane, and shale gas projects. It principally holds interests in the coal seams on 17,000 acres property located in Preston County, West Virginia. The company was formerly known as Sharpe Energy & Resources… Read more
Sharpe Resources Corporation (SHGP) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2012: 0.001x
Based on the latest financial reports, Sharpe Resources Corporation (SHGP) has a cash flow conversion efficiency ratio of 0.001x as of September 2012.
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 ($-551.00) by net assets ($-1.05 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Sharpe Resources Corporation - Cash Flow Conversion Efficiency Trend (2006–2011)
This chart illustrates how Sharpe Resources 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.
Sharpe Resources Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sharpe Resources Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Oxford Investments Holdings Inc
PINK:OXIHF
|
-0.246x |
|
Wall Street Capital Inc
PINK:WSSE
|
1.139x |
|
Imagination TV Inc
PINK:IMTV
|
0.010x |
|
Renewal Fuels Inc
PINK:RNWF
|
-0.003x |
|
Syntrol Corp
PINK:SNLP
|
N/A |
|
Cygnus Oil & Gas Corp
PINK:CYNS
|
0.088x |
|
InRob Tech Ltd
PINK:IRBL
|
1.590x |
|
Caliber Imaging & Diagnostics Inc
PINK:LCDX
|
0.034x |
Annual Cash Flow Conversion Efficiency for Sharpe Resources Corporation (2006–2011)
The table below shows the annual cash flow conversion efficiency of Sharpe Resources Corporation from 2006 to 2011.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2011-12-31 | $-966.84K | $6.35K | -0.007x | -107.62% |
| 2010-12-31 | $-935.20K | $-80.62K | 0.086x | -63.33% |
| 2009-12-31 | $-537.49K | $-126.36K | 0.235x | +24.84% |
| 2008-12-31 | $-423.59K | $-79.77K | 0.188x | -53.39% |
| 2007-12-31 | $-300.07K | $-121.25K | 0.404x | -53.52% |
| 2006-12-31 | $-370.02K | $-321.71K | 0.869x | -- |