Trinity Exploration & Production plc
Trinity Exploration & Production plc, an independent oil company, engages in the exploration, development, and production of crude oil in Trinidad & Tobago. The company holds 100% working interest on onshore assets located in the Southern Basin and Central Range; and east and west coast assets located in the Columbus Basin and Gulf of Paria. It also operates producing wells onshore. Trinity Explo… Read more
Trinity Exploration & Production plc (TRXEF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.046x
Based on the latest financial reports, Trinity Exploration & Production plc (TRXEF) has a cash flow conversion efficiency ratio of 0.046x 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 ($2.40 Million) by net assets ($52.38 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Trinity Exploration & Production plc - Cash Flow Conversion Efficiency Trend (2008–2023)
This chart illustrates how Trinity Exploration & Production plc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Trinity Exploration & Production plc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Trinity Exploration & Production plc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Welsbach Technology Metals Acquisition Corp
NASDAQ:WTMA
|
0.018x |
|
GP Petroleums Limited
NSE:GULFPETRO
|
0.039x |
|
Agriculture & Natural Solutions Acquisition Corporation Warrant
NASDAQ:ANSCW
|
N/A |
|
Carnegie Clean Energy Limited
OTCQB:CWGYF
|
-0.027x |
|
Pacific Strategic Financial
JK:APIC
|
-0.063x |
|
Panda Eco System Berhad
KLSE:0290
|
0.077x |
|
Renegade Gold Inc.
V:RAGE
|
-0.206x |
|
Comarch SA
WAR:CMR
|
0.099x |
Annual Cash Flow Conversion Efficiency for Trinity Exploration & Production plc (2008–2023)
The table below shows the annual cash flow conversion efficiency of Trinity Exploration & Production plc from 2008 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $49.05 Million | $13.21 Million | 0.269x | +26.19% |
| 2022-12-31 | $56.13 Million | $11.98 Million | 0.214x | -3.20% |
| 2021-12-31 | $56.92 Million | $12.55 Million | 0.221x | +4.01% |
| 2020-12-31 | $48.55 Million | $10.30 Million | 0.212x | -36.27% |
| 2019-12-31 | $50.42 Million | $16.78 Million | 0.333x | +3223.28% |
| 2018-12-31 | $58.95 Million | $-628.00K | -0.011x | +83.18% |
| 2017-12-31 | $48.59 Million | $-3.08 Million | -0.063x | -108.36% |
| 2016-12-31 | $11.86 Million | $8.99 Million | 0.758x | +512.96% |
| 2015-12-31 | $20.09 Million | $2.48 Million | 0.124x | -17.47% |
| 2014-12-31 | $78.76 Million | $11.80 Million | 0.150x | +93.56% |
| 2013-12-31 | $219.27 Million | $16.98 Million | 0.077x | +81.62% |
| 2012-12-31 | $106.20 Million | $4.53 Million | 0.043x | +124.72% |
| 2011-12-31 | $118.65 Million | $-20.46 Million | -0.172x | +23.28% |
| 2010-12-31 | $30.58 Million | $-6.87 Million | -0.225x | -125.39% |
| 2009-12-31 | $23.30 Million | $-2.32 Million | -0.100x | -161.22% |
| 2008-12-31 | $24.37 Million | $-930.33K | -0.038x | -- |