Tradestar Resources Corporation
Tradestar Resources Corporation, an independent energy company, engages in the exploration, development, exploitation, and acquisition of on-shore oil and natural gas properties in the United States. The company was formerly known as Tradestar Corporation and changed its name to Tradestar Resources Corporation in 2006. Tradestar Resources Corporation was founded in 1966 and is based in Hot Spring… Read more
Tradestar Resources Corporation (TSRR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2009: 0.463x
Based on the latest financial reports, Tradestar Resources Corporation (TSRR) has a cash flow conversion efficiency ratio of 0.463x as of September 2009.
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 ($39.59K) by net assets ($85.44K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Tradestar Resources Corporation - Cash Flow Conversion Efficiency Trend (2006–2009)
This chart illustrates how Tradestar Resources Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Tradestar Resources Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tradestar Resources Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
FG Fitness & Media Group Inc
OTCGREY:FGFT
|
0.175x |
|
Supurva Healthcare Group Inc
PINK:SPRV
|
0.003x |
|
Rainforest Resources Inc
OTCQB:RRIF
|
-0.766x |
|
New Frontier Energy Inc
PINK:NFEI
|
3.663x |
|
Artificial Life Inc
PINK:ALIF
|
0.016x |
|
Avix Technologies Inc
PINK:AVIX
|
0.004x |
|
SFLMaven Corp
PINK:SFLM
|
0.000x |
|
Medican Enterprises
PINK:MDCN
|
-0.681x |
Annual Cash Flow Conversion Efficiency for Tradestar Resources Corporation (2006–2009)
The table below shows the annual cash flow conversion efficiency of Tradestar Resources Corporation from 2006 to 2009.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2009-03-31 | $94.80K | $-69.60K | -0.734x | -276.48% |
| 2008-03-31 | $129.40K | $53.83K | 0.416x | +137.49% |
| 2007-03-31 | $282.99K | $-314.01K | -1.110x | -310.81% |
| 2006-03-31 | $296.03K | $155.81K | 0.526x | -- |