Terax Energy Inc
Terax Energy, Inc. does not have significant operations. It intends to locate and combine with an existing, privately-held company. Previously, it was engaged in the acquisition, exploitation, and development of oil and gas properties. The company was founded in 2000 and is based in Dallas, Texas.
Terax Energy Inc (TEXG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2007: -0.018x
Based on the latest financial reports, Terax Energy Inc (TEXG) has a cash flow conversion efficiency ratio of -0.018x as of March 2007.
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 ($-113.30K) by net assets ($6.31 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Terax Energy Inc - Cash Flow Conversion Efficiency Trend (2005–2012)
This chart illustrates how Terax Energy 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.
Terax Energy Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Terax Energy Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sohm Inc.
PINK:SHMN
|
-0.637x |
|
Green Star Products
PINK:GSPI
|
0.003x |
|
Intl Star Inc
PINK:ILST
|
0.113x |
|
Wireless Xcessories Group Inc
PINK:WIRX
|
-0.151x |
|
Mundus Group Inc
PINK:MNDP
|
0.175x |
|
Digital 9 Infrastructure PLC
LSE:DGI9
|
-0.027x |
|
Aquis Exchange PLC
LSE:AQX
|
0.057x |
|
ZAZZ Energy of Sweden AB
ST:ZAZZ-B
|
-0.063x |
Annual Cash Flow Conversion Efficiency for Terax Energy Inc (2005–2012)
The table below shows the annual cash flow conversion efficiency of Terax Energy Inc from 2005 to 2012.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2012-06-30 | $-12.31K | $-2.50K | 0.203x | -20.81% |
| 2011-06-30 | $-8.14K | $-2.09K | 0.256x | -40.74% |
| 2006-06-30 | $-7.01 Million | $-3.03 Million | 0.433x | +931.99% |
| 2005-06-30 | $1.51 Million | $-78.52K | -0.052x | -- |