PETREL RESOURCES (PQ4.SG) Cash Flow Conversion Efficiency
PETREL RESOURCES (PQ4.SG) cash flow conversion efficiency. 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 ≈ $-66.64K USD) by net assets (€79.00K ≈ $92.36K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of PETREL RESOURCES (PQ4.SG) (2016–2024)
Cash flow conversion efficiency of PETREL RESOURCES (PQ4.SG) from 2016 to 2024. This chart illustrates how PETREL RESOURCES (PQ4.SG)'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View PQ4 live share price for real-time trading data and today's change.
PETREL RESOURCES (PQ4.SG) Cash Flow Conversion Ratio Explained
PETREL RESOURCES (PQ4.SG) cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see PETREL RESOURCES (PQ4.SG) (PQ4) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ontrak Inc
NASDAQ:OTRK
|
-0.586x |
|
BEBO Health SA
PA:MLBBO
|
N/A |
|
Ariana Resources plc
LSE:AAU
|
-0.024x |
|
TTL Beteiligungs- und Grundbesitz-AG
F:TTO
|
0.226x |
|
Longevity Health Holdings, Inc.
NASDAQ:XAGE
|
0.070x |
|
Storage Drop Storage Technologies Ltd
TA:STRG
|
0.581x |
|
GCL Global Holdings Ltd Warrants
NASDAQ:GCLWW
|
-0.003x |
|
ROBUS GROUP AS EO -60
F:LH2
|
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. Review PETREL RESOURCES (PQ4.SG) (PQ4) financial flexibility to assess the company's free cash flow relative to its total liabilities.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €-590.53K ≈ $-690.40K |
€-135.46K ≈ $-158.37K |
0.229x | -65.27% |
| 2023-12-31 | €-226.97K ≈ $-265.35K |
€-149.93K ≈ $-175.28K |
0.661x | +173.43% |
| 2022-12-31 | €243.36K ≈ $284.51K |
€-218.93K ≈ $-255.96K |
-0.900x | -0.35% |
| 2021-12-31 | €268.24K ≈ $313.60K |
€-240.48K ≈ $-281.15K |
-0.896x | -70.27% |
| 2020-12-31 | €590.32K ≈ $690.15K |
€-310.81K ≈ $-363.37K |
-0.527x | -7.19% |
| 2019-12-31 | €759.90K ≈ $888.40K |
€-373.26K ≈ $-436.38K |
-0.491x | -319.80% |
| 2018-12-31 | €2.28 Million ≈ $2.66 Million |
€-266.56K ≈ $-311.64K |
-0.117x | -35.50% |
| 2017-12-31 | €1.99 Million ≈ $2.33 Million |
€-172.15K ≈ $-201.26K |
-0.086x | -174.49% |
| 2016-12-31 | €6.71 Million ≈ $7.84 Million |
€-211.02K ≈ $-246.70K |
-0.031x | -- |
About 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.