PETREL RESOURCES (PQ4.SG)
Petrel Resources Plc, together with its subsidiaries, operates as an oil and gas exploration company. It holds 30% working interest in Tano 2A block, covering an area of 1,532 square kilometers in Ghana; and interests in the Western Desert Block 6 located in Iraq. Petrel Resources Plc was incorporated in 1982 and is based in Dublin, Ireland.
PETREL RESOURCES (PQ4.SG) (PQ4) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.722x
Based on the latest financial reports, PETREL RESOURCES (PQ4.SG) (PQ4) has a cash flow conversion efficiency ratio of -0.722x as of June 2023.
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 (€-57.00K) by net assets (€79.00K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
PETREL RESOURCES (PQ4.SG) - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how PETREL RESOURCES (PQ4.SG)'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
PETREL RESOURCES (PQ4.SG) Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of PETREL RESOURCES (PQ4.SG) ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
HANG SENG BK
MU:HSB
|
N/A |
|
CURIS RES
F:7CR
|
0.032x |
|
BLUE CAP (B7E.SG)
STU:B7E
|
N/A |
|
East West Petroleum Corp
PINK:EWPMF
|
-0.062x |
|
Deveron Corp
PINK:DVRNF
|
0.031x |
|
Empire Bancshares Inc
PINK:EBSH
|
N/A |
|
BROTHER IND
BE:BI5
|
0.052x |
|
NETSTREIT CORP. DL-01
F:64N
|
N/A |
Annual Cash Flow Conversion Efficiency for PETREL RESOURCES (PQ4.SG) (2016–2024)
The table below shows the annual cash flow conversion efficiency of PETREL RESOURCES (PQ4.SG) from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €-590.53K | €-135.46K | 0.229x | -65.27% |
| 2023-12-31 | €-226.97K | €-149.93K | 0.661x | +173.43% |
| 2022-12-31 | €243.36K | €-218.93K | -0.900x | -0.35% |
| 2021-12-31 | €268.24K | €-240.48K | -0.896x | -70.27% |
| 2020-12-31 | €590.32K | €-310.81K | -0.527x | -7.19% |
| 2019-12-31 | €759.90K | €-373.26K | -0.491x | -319.80% |
| 2018-12-31 | €2.28 Million | €-266.56K | -0.117x | -35.50% |
| 2017-12-31 | €1.99 Million | €-172.15K | -0.086x | -174.49% |
| 2016-12-31 | €6.71 Million | €-211.02K | -0.031x | -- |