Tethys Oil AB
Tethys Oil AB (publ) explores for and produces oil and natural gas properties in the Sultanate of Oman. It holds 100% interests in the Block 49 covering approximately 15,439 square kilometers; 30% interest in the Blocks 3&4 covering approximately 29,130 square kilometers; 65% interest in the Block 56 covering approximately 5,808 square kilometers; and 100% interest in the Block 58 covering approx… Read more
Tethys Oil AB (TETY) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.057x
Based on the latest financial reports, Tethys Oil AB (TETY) has a cash flow conversion efficiency ratio of 0.057x 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 (Skr15.40 Million) by net assets (Skr269.60 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Tethys Oil AB - Cash Flow Conversion Efficiency Trend (2008–2023)
This chart illustrates how Tethys Oil AB's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Tethys Oil AB Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tethys Oil AB ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SIERRA MADRE GOLD AND SIL
F:409
|
N/A |
|
Caswell Inc
TW:6416
|
-0.038x |
|
Sichuan Langsha Holding Ltd
SHG:600137
|
-0.016x |
|
Diana Shipping Inc.
NYSE:DSX
|
0.030x |
|
CMG Pharmaceutical Co. Ltd
KQ:058820
|
-0.020x |
|
Audix Corp
TW:2459
|
-0.006x |
|
Guan Chong Bhd
KLSE:5102
|
0.169x |
|
Frontera Energy Corp
PINK:FECCF
|
0.093x |
Annual Cash Flow Conversion Efficiency for Tethys Oil AB (2008–2023)
The table below shows the annual cash flow conversion efficiency of Tethys Oil AB from 2008 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | Skr258.30 Million | Skr82.70 Million | 0.320x | +4.96% |
| 2022-12-31 | Skr285.20 Million | Skr87.00 Million | 0.305x | +20.61% |
| 2021-12-31 | Skr256.60 Million | Skr64.90 Million | 0.253x | +25.10% |
| 2020-12-31 | Skr257.70 Million | Skr52.10 Million | 0.202x | -41.81% |
| 2019-12-31 | Skr276.30 Million | Skr96.00 Million | 0.347x | -11.79% |
| 2018-12-31 | Skr267.60 Million | Skr105.40 Million | 0.394x | +79.64% |
| 2017-12-31 | Skr228.50 Million | Skr50.10 Million | 0.219x | -18.08% |
| 2016-12-31 | Skr196.90 Million | Skr52.70 Million | 0.268x | -0.76% |
| 2015-12-31 | Skr221.69 Million | Skr59.79 Million | 0.270x | -36.10% |
| 2014-12-31 | Skr215.66 Million | Skr91.03 Million | 0.422x | +38.23% |
| 2013-12-31 | Skr171.50 Million | Skr52.37 Million | 0.305x | -50.43% |
| 2012-12-31 | Skr132.13 Million | Skr81.40 Million | 0.616x | +147.03% |
| 2011-12-31 | Skr66.20 Million | Skr16.51 Million | 0.249x | +357.75% |
| 2010-12-31 | Skr56.23 Million | Skr-5.44 Million | -0.097x | -262.42% |
| 2009-12-31 | Skr28.34 Million | Skr-756.48K | -0.027x | +64.72% |
| 2008-12-31 | Skr22.50 Million | Skr-1.70 Million | -0.076x | -- |