PETREL RESOURCES (PQ4.SG) (PQ4) - 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. See PETREL RESOURCES (PQ4.SG) (PQ4) defensive interval to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Ontrak Inc
NASDAQ:OTRK
|
-0.586x |
|
XP Factory PLC
LSE:XPF
|
0.204x |
|
Tinybuild Inc
LSE:TBLD
|
0.161x |
|
GetBusy PLC
LSE:GETB
|
-0.033x |
|
ORUM
KQ:475830
|
-0.045x |
|
Lendinvest PLC
LSE:LINV
|
0.135x |
|
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. For the full company profile with market capitalisation and key ratios, see how much is PETREL RESOURCES (PQ4.SG) worth.
| 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.