Stratex Oil & Gas
Stratex Oil & Gas Holdings, Inc., an independent energy company, focuses on the acquisition, exploitation, and development of crude oil in Kansas and Texas, as well as non-operated working interests in North Dakota, Montana, Utah, Colorado, and Kansas. The company is also involved in the sale of oil and gas. The company was formerly known as Poway Muffler and Brake, Inc. and changed its name to S… Read more
Stratex Oil & Gas (STTX) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.021x
Based on the latest financial reports, Stratex Oil & Gas (STTX) has a cash flow conversion efficiency ratio of 0.021x as of September 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 ($-1.21 Million) by net assets ($-57.68 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Stratex Oil & Gas - Cash Flow Conversion Efficiency Trend (2010–2023)
This chart illustrates how Stratex Oil & Gas's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Stratex Oil & Gas Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Stratex Oil & Gas ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Webis Holdings plc
LSE:WEB
|
1.565x |
|
American Sierra Gold Corp
PINK:AMNP
|
-0.001x |
|
Coresource Strategies Inc
PINK:NUGL
|
0.016x |
|
CORNERSTONE INSURANCE CO. PLC
XNSA:CORNERST
|
N/A |
|
InterCare DX Inc
PINK:ICCO
|
0.032x |
|
ATOS (AXI.SG)
STU:AXI
|
N/A |
|
SUPERIOR RES
BE:3SC
|
N/A |
|
CardXX Inc
PINK:CXCQ
|
1.167x |
Annual Cash Flow Conversion Efficiency for Stratex Oil & Gas (2010–2023)
The table below shows the annual cash flow conversion efficiency of Stratex Oil & Gas from 2010 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-54.12 Million | $-4.73 Million | 0.087x | -7.40% |
| 2022-12-31 | $-49.40 Million | $-4.66 Million | 0.094x | -9.26% |
| 2021-12-31 | $-44.75 Million | $-4.65 Million | 0.104x | +2.62% |
| 2020-12-31 | $-40.25 Million | $-4.08 Million | 0.101x | +38.18% |
| 2019-12-31 | $-36.16 Million | $-2.65 Million | 0.073x | +103.43% |
| 2014-12-31 | $2.58 Million | $-5.53 Million | -2.140x | -636.36% |
| 2013-12-31 | $227.30K | $-66.05K | -0.291x | +47.16% |
| 2012-12-31 | $1.56 Million | $-856.50K | -0.550x | -565.27% |
| 2011-12-31 | $-141.25K | $-16.70K | 0.118x | -19.81% |
| 2010-12-31 | $-114.36K | $-16.86K | 0.147x | -- |