Victory Energy Corp
Victory Oilfield Tech, Inc., a green hydrogen energy company, engages in development and implementing various energy solutions for transportation, power generation, and industrial processes industries. It offers TrueGreen Hydrogen production solutions that provides clean energy sources to a range of clients. The company is based in Austin, Texas.
Victory Energy Corp (VYEY) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.381x
Based on the latest financial reports, Victory Energy Corp (VYEY) has a cash flow conversion efficiency ratio of 0.381x as of September 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 ($-577.16K) by net assets ($-1.52 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Victory Energy Corp - Cash Flow Conversion Efficiency Trend (2000–2023)
This chart illustrates how Victory Energy Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Victory Energy Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Victory Energy Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
THALASSA HLDG.NEW DL-01
F:TH2P
|
N/A |
|
EXTERRAN HOLDINGS
BE:54E
|
0.079x |
|
Daewoo Crude Oil Futures ETN(H) 10
KO:520010
|
N/A |
|
Cobalt Power Group Inc
V:PGP
|
0.105x |
|
Great Dane Global Value
CO:GDIGV
|
N/A |
|
Gilat Telecom Global Ltd
TA:GLTL
|
0.344x |
|
Colas SA
STU:REP
|
0.046x |
|
Accent Resources NL
AU:ACS
|
-0.036x |
Annual Cash Flow Conversion Efficiency for Victory Energy Corp (2000–2023)
The table below shows the annual cash flow conversion efficiency of Victory Energy Corp from 2000 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-3.84 Million | $-147.92K | 0.038x | +44.26% |
| 2022-12-31 | $-3.70 Million | $-98.84K | 0.027x | -86.28% |
| 2021-12-31 | $-3.38 Million | $-658.03K | 0.195x | +16.80% |
| 2020-12-31 | $-2.23 Million | $-372.14K | 0.167x | +114.22% |
| 2019-12-31 | $1.20 Million | $-1.40 Million | -1.171x | 0.00% |
| 2018-12-31 | $1.20 Million | $-1.40 Million | -1.171x | -860.80% |
| 2017-12-31 | $15.90 Million | $-1.94 Million | -0.122x | -114.61% |
| 2016-12-31 | $-2.43 Million | $-2.03 Million | 0.835x | +30.60% |
| 2015-12-31 | $-2.72 Million | $-1.74 Million | 0.639x | -17.46% |
| 2014-12-31 | $-1.47 Million | $-1.14 Million | 0.774x | +295.70% |
| 2013-12-31 | $1.85 Million | $-730.27K | -0.396x | -111.59% |
| 2011-12-31 | $-582.52K | $-1.99 Million | 3.414x | +165.18% |
| 2010-12-31 | $-260.78K | $-335.73K | 1.287x | -76.00% |
| 2008-12-31 | $-994.35K | $-5.33 Million | 5.364x | +360.76% |
| 2006-12-31 | $-919.77K | $-1.07 Million | 1.164x | +252.93% |
| 2005-12-31 | $-1.01 Million | $-333.81K | 0.330x | +8334.77% |
| 2004-12-31 | $-422.62K | $1.69K | -0.004x | -21.86% |
| 2003-12-31 | $-182.51K | $600.00 | -0.003x | -349.50% |
| 2000-12-31 | $-36.43K | $-48.00 | 0.001x | -- |