West Texas Resources Inc
West Texas Resources, Inc. engages in the operation of oil field. The company is based in Brenham, Texas.
West Texas Resources Inc (WTXR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -7.528x
Based on the latest financial reports, West Texas Resources Inc (WTXR) has a cash flow conversion efficiency ratio of -7.528x 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 ($-23.36K) by net assets ($3.10K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
West Texas Resources Inc - Cash Flow Conversion Efficiency Trend (2012–2023)
This chart illustrates how West Texas Resources 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.
West Texas Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of West Texas Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sportsquest Inc
PINK:SPQS
|
0.076x |
|
METLIFE (MWZ.SG)
STU:MWZ
|
0.134x |
|
Affinor Growers Inc
PINK:RSSFF
|
0.030x |
|
HOLOGIC - Dusseldorf Stock Exchang
DU:HO1
|
0.082x |
|
NORTHEAST UTILITIES - Dusseldorf Stock Exchang
DU:NWJ
|
0.037x |
|
Kamdar Group (Malaysia) Bhd
KLSE:8672
|
0.002x |
|
UTime Limited
NASDAQ:WTO
|
0.025x |
|
ZEB Nickel Corp
OTCQB:ZBNIF
|
0.000x |
Annual Cash Flow Conversion Efficiency for West Texas Resources Inc (2012–2023)
The table below shows the annual cash flow conversion efficiency of West Texas Resources Inc from 2012 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-8.45K | $-20.00K | 2.368x | +122.05% |
| 2022-12-31 | $1.47K | $-15.81K | -10.740x | -17897.54% |
| 2021-12-31 | $-144.06K | $-8.69K | 0.060x | +41.01% |
| 2020-12-31 | $-453.26K | $-19.40K | 0.043x | +684.19% |
| 2019-12-31 | $-298.30K | $-1.63K | 0.005x | +100.09% |
| 2017-12-31 | $27.56K | $-168.88K | -6.128x | -42.98% |
| 2016-12-31 | $45.63K | $-195.54K | -4.286x | -137.64% |
| 2015-12-31 | $83.83K | $-151.19K | -1.803x | -3605.97% |
| 2014-12-31 | $612.96K | $-29.83K | -0.049x | +68.70% |
| 2013-12-31 | $895.82K | $-139.29K | -0.155x | +89.77% |
| 2012-12-31 | $57.48K | $-87.36K | -1.520x | -- |