Cardinal Energy Ltd (CJ) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.049x

Based on the latest financial reports, Cardinal Energy Ltd (CJ) has a cash flow conversion efficiency ratio of 0.049x as of March 2026. 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 (CA$45.62 Million ≈ $33.00 Million USD) by net assets (CA$925.38 Million ≈ $669.40 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is Cardinal Energy Ltd's balance sheet to measure how much of total assets are equity-financed.

Cardinal Energy Ltd - Cash Flow Conversion Efficiency Trend (2012–2025)

This chart illustrates how Cardinal Energy Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Cardinal Energy Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.

Cardinal Energy Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Cardinal Energy Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Golden Ocean Group Limited F:KT31	-0.002x
Global Ship Lease Inc NYSE:GSL	0.043x
Befesa SA XETRA:BFSA	0.037x
Taiwan Fertilizer Co Ltd TW:1722	0.004x
Telkom JSE:TKG	0.141x
Xinhua Winshare Publishing and Media Co Ltd SHG:601811	0.041x
Jangho Group Co Ltd SHG:601886	0.043x
Kernel Holding SA F:0KE	-0.080x

Annual Cash Flow Conversion Efficiency for Cardinal Energy Ltd (2012–2025)

The table below shows the annual cash flow conversion efficiency of Cardinal Energy Ltd from 2012 to 2025. For the full company profile with market capitalisation and key ratios, see CJ market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CA$835.47 Million ≈ $604.36 Million	CA$206.82 Million ≈ $149.61 Million	0.248x	-8.17%
2024-12-31	CA$918.26 Million ≈ $664.25 Million	CA$247.54 Million ≈ $179.06 Million	0.270x	+7.79%
2023-12-31	CA$920.69 Million ≈ $666.01 Million	CA$230.26 Million ≈ $166.57 Million	0.250x	-31.38%
2022-12-31	CA$925.37 Million ≈ $669.40 Million	CA$337.26 Million ≈ $243.97 Million	0.364x	+109.50%
2021-12-31	CA$719.23 Million ≈ $520.28 Million	CA$125.12 Million ≈ $90.51 Million	0.174x	+49.02%
2020-12-31	CA$372.85 Million ≈ $269.71 Million	CA$43.52 Million ≈ $31.49 Million	0.117x	-28.20%
2019-12-31	CA$737.90 Million ≈ $533.79 Million	CA$119.98 Million ≈ $86.79 Million	0.163x	+45.18%
2018-12-31	CA$792.62 Million ≈ $573.37 Million	CA$88.77 Million ≈ $64.21 Million	0.112x	+9.75%
2017-12-31	CA$749.96 Million ≈ $542.51 Million	CA$76.53 Million ≈ $55.36 Million	0.102x	+8.99%
2016-12-31	CA$651.08 Million ≈ $470.98 Million	CA$60.96 Million ≈ $44.10 Million	0.094x	-26.54%
2015-12-31	CA$680.45 Million ≈ $492.22 Million	CA$86.73 Million ≈ $62.74 Million	0.127x	+3.44%
2014-12-31	CA$747.93 Million ≈ $541.04 Million	CA$92.16 Million ≈ $66.67 Million	0.123x	+365.72%
2013-12-31	CA$336.86 Million ≈ $243.68 Million	CA$8.91 Million ≈ $6.45 Million	0.026x	+136.47%
2012-12-31	CA$61.31 Million ≈ $44.35 Million	CA$686.00K ≈ $496.24K	0.011x	--

About Cardinal Energy Ltd

TO:CJ Canada Oil & Gas E&P

Market Cap

$1.39 Billion

CA$1.93 Billion CAD

Market Cap Rank

#7511 Global

#231 in Canada

Share Price

CA$10.99

Change (1 day)

+2.42%

52-Week Range

CA$7.06 - CA$13.13

All Time High

CA$13.13