Velocity Energy Inc
Velocity Energy Inc., an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas. The company's operations are located in Matagorda Bay, Calhoun County, Texas. It also focuses on the exploration of oil and natural gas in the Appalachian Basin. Velocity Energy Inc. was formerly known as Sonterra Resources, Inc. and changed its name to… Read more
Velocity Energy Inc (VCYE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2011: 0.001x
Based on the latest financial reports, Velocity Energy Inc (VCYE) has a cash flow conversion efficiency ratio of 0.001x as of March 2011.
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 ($-11.67K) by net assets ($-12.40 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Velocity Energy Inc - Cash Flow Conversion Efficiency Trend (2005–2010)
This chart illustrates how Velocity 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.
Velocity Energy Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Velocity Energy Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Patient Portal Technologies Inc
PINK:PPRG
|
0.037x |
|
Great American Financial Corporation
PINK:GAFL
|
-0.104x |
|
For The Earth Corp
PINK:FTEG
|
0.000x |
|
Enable IPC Corporation
OTCGREY:EIPC
|
0.158x |
|
Urologix Inc
PINK:ULGX
|
0.004x |
|
Interplay Entertainment Corp
PINK:IPLY
|
-0.016x |
|
MabCure Inc
PINK:MBCI
|
0.037x |
|
Pacific Conquest Holdings Inc
PINK:PCHK
|
0.007x |
Annual Cash Flow Conversion Efficiency for Velocity Energy Inc (2005–2010)
The table below shows the annual cash flow conversion efficiency of Velocity Energy Inc from 2005 to 2010.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2010-12-31 | $-11.70 Million | $2.49 Million | -0.212x | -718.85% |
| 2009-12-31 | $-12.59 Million | $-432.34K | 0.034x | -99.83% |
| 2008-12-31 | $-262.90K | $-5.24 Million | 19.950x | +4101.70% |
| 2007-12-31 | $-473.01K | $-224.59K | 0.475x | +111.39% |
| 2006-12-31 | $82.41K | $-343.45K | -4.168x | -299.27% |
| 2005-12-31 | $-88.24K | $-184.55K | 2.092x | -- |