Skye Petroleum Inc
Skye Petroleum, Inc. provides production chemical treatment services to oil companies in the United States. It offers production chemicals, which include solvents, dispersants, and wax inhibitors; cleaning compounds, such as degreasers; coiled tubing, including lubricants, scale control inhibitor products, viscosifiers, iron control agents, oxygen scavengers, H2S control scavengers, and corrosion… Read more
Skye Petroleum Inc (SKPO) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.077x
Based on the latest financial reports, Skye Petroleum Inc (SKPO) has a cash flow conversion efficiency ratio of -0.077x as of June 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 ($-12.54K) by net assets ($161.86K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Skye Petroleum Inc - Cash Flow Conversion Efficiency Trend (2008–2023)
This chart illustrates how Skye Petroleum 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.
Skye Petroleum Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Skye Petroleum Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
RCG HLDGS
BE:RL8
|
N/A |
|
BROCKMAN MINING
BE:WA2
|
-0.009x |
|
Chilco River Holdings Inc
PINK:CRVH
|
0.117x |
|
XL Rent Inc
PINK:EMDF
|
-0.174x |
|
Downing Four Generalist Shs plc
LSE:D4G
|
0.000x |
|
Modern Mobility Aids
PINK:MDRM
|
0.032x |
|
Biome Technologies Plc
LSE:BIOM
|
-7.533x |
|
iSun, Inc.
NASDAQ:ISUNQ
|
-0.393x |
Annual Cash Flow Conversion Efficiency for Skye Petroleum Inc (2008–2023)
The table below shows the annual cash flow conversion efficiency of Skye Petroleum Inc from 2008 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $198.86K | $-10.55K | -0.053x | -72.65% |
| 2022-12-31 | $286.27K | $-8.79K | -0.031x | -2.34% |
| 2021-12-31 | $383.51K | $-11.51K | -0.030x | -1137.05% |
| 2020-12-31 | $483.90K | $-1.17K | -0.002x | -108.90% |
| 2019-12-31 | $576.12K | $15.70K | 0.027x | -55.04% |
| 2018-12-31 | $641.42K | $38.89K | 0.061x | +1153.45% |
| 2017-12-31 | $707.65K | $3.42K | 0.005x | -27.61% |
| 2016-12-31 | $805.25K | $5.38K | 0.007x | +132.40% |
| 2015-12-31 | $951.55K | $-19.62K | -0.021x | +97.28% |
| 2014-12-31 | $1.10 Million | $-836.01K | -0.758x | -49.69% |
| 2011-12-31 | $957.04K | $-484.43K | -0.506x | +15.72% |
| 2010-12-31 | $1.12 Million | $-671.20K | -0.601x | -158.23% |
| 2009-12-31 | $-219.42K | $-226.30K | 1.031x | +108891.20% |
| 2008-12-31 | $-132.10K | $-125.00 | 0.001x | -- |