Sixty Six Oilfield Services Inc
Sixty Six Oilfield Services, Inc. sells and rents heavy oil field equipment to the oil and gas industry in the United States and internationally. It sells new and used heavy-weight drill pipes, drill collars, pup joints, pony collars, handling tools, tubing, casing, blow-out preventers, engines, compressors, custom drilling rigs, and related equipment; and rents heavy drill pipes on short and lon… Read more
Sixty Six Oilfield Services Inc (SSOF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2022: 0.000x
Based on the latest financial reports, Sixty Six Oilfield Services Inc (SSOF) has a cash flow conversion efficiency ratio of 0.000x as of June 2022.
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 ($0.00) by net assets ($-1.21K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Sixty Six Oilfield Services Inc - Cash Flow Conversion Efficiency Trend (2009–2021)
This chart illustrates how Sixty Six Oilfield Services 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.
Sixty Six Oilfield Services Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sixty Six Oilfield Services Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Upper Street Marketing Inc
PINK:UPPR
|
-0.174x |
|
American Spectrum Realty Inc
PINK:AQQSQ
|
-0.100x |
|
Asia Carbon Industries Inc
PINK:ACRB
|
0.028x |
|
DRRLF
PINK:DRRLF
|
N/A |
|
WayPoint Biomedical Holdings Inc
PINK:WYPH
|
0.427x |
|
XIWANG SPECIAL STEE (2XI.SG)
STU:2XI
|
N/A |
|
Hypertension Diagnostics Inc
PINK:HDII
|
3.447x |
|
Alabama Aircraft Industries Inc
PINK:AAIIQ
|
-0.231x |
Annual Cash Flow Conversion Efficiency for Sixty Six Oilfield Services Inc (2009–2021)
The table below shows the annual cash flow conversion efficiency of Sixty Six Oilfield Services Inc from 2009 to 2021.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2021-12-31 | $11.59K | $-61.26 | -0.005x | +98.67% |
| 2018-12-31 | $6.83 Million | $-2.72 Million | -0.398x | -247.48% |
| 2017-12-31 | $6.72 Million | $1.81 Million | 0.270x | -3.15% |
| 2017-09-30 | $6.51 Million | $1.81 Million | 0.279x | +308.47% |
| 2017-06-30 | $6.03 Million | $-806.00K | -0.134x | -244.15% |
| 2016-12-31 | $6.00 Million | $556.00K | 0.093x | +3.08% |
| 2015-12-31 | $-544.06K | $-48.94K | 0.090x | +105.50% |
| 2014-12-31 | $62.23K | $-101.86K | -1.637x | -318.10% |
| 2011-12-31 | $-869.33K | $-652.35K | 0.750x | +14.14% |
| 2010-12-31 | $-970.08K | $-637.75K | 0.657x | +129.08% |
| 2009-12-31 | $-1.31 Million | $-375.77K | 0.287x | -- |