Truleum Inc.
Truleum, Inc., an independent energy company, engages in the development of domestic oil and gas resources in the United States. It holds interest in the Logan project that consists of well bores with developed and undeveloped proven and probable production in the Cherokee Uplift in central Oklahoma. The company was formerly known as Alpha Energy, Inc. and changed its name to Truleum, Inc. in Apr… Read more
Truleum Inc. (TRLM) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: 0.080x
Based on the latest financial reports, Truleum Inc. (TRLM) has a cash flow conversion efficiency ratio of 0.080x as of March 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 ($-241.56K) by net assets ($-3.02 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Truleum Inc. - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how Truleum 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.
Truleum Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Truleum Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Oriental Food Industries Hold
KLSE:7107
|
0.047x |
|
SVOA Public Company Limited
BK:SVOA
|
0.046x |
|
Tonlin Department Store Co Ltd
TW:2910
|
0.020x |
|
Mega Polietilen Kopuk Sanayi ve Ticaret AS
IS:MEGAP
|
-0.371x |
|
Origin Materials Inc
NASDAQ:ORGN
|
-0.028x |
|
Hipay Group SA
PA:ALHYP
|
0.066x |
|
Ibraco Bhd
KLSE:5084
|
0.010x |
|
GREEN360 Technologies Ltd
AU:GT3
|
-0.201x |
Annual Cash Flow Conversion Efficiency for Truleum Inc. (2019–2023)
The table below shows the annual cash flow conversion efficiency of Truleum Inc. from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-2.75 Million | $-683.84K | 0.249x | -79.58% |
| 2022-12-31 | $-1.20 Million | $-1.46 Million | 1.219x | +792.54% |
| 2021-12-31 | $-2.61 Million | $-356.89K | 0.137x | +177.30% |
| 2020-12-31 | $-2.22 Million | $-109.39K | 0.049x | -81.94% |
| 2019-12-31 | $-557.42K | $-152.00K | 0.273x | -- |