Gear Energy
Gear Energy Ltd., an exploration and production company, engages in the acquiring, developing, and holding of interests in petroleum and natural gas properties and assets in Canada. The company's oil properties are located in Central Alberta, West Central Saskatchewan, and Southeast Saskatchewan. Gear Energy Ltd. is headquartered in Calgary, Canada. As of February 5, 2025, Gear Energy Ltd. operat… Read more
Gear Energy (GXE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.072x
Based on the latest financial reports, Gear Energy (GXE) has a cash flow conversion efficiency ratio of 0.072x 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 (CA$17.75 Million) by net assets (CA$245.13 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Gear Energy - Cash Flow Conversion Efficiency Trend (2011–2023)
This chart illustrates how Gear Energy's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Gear Energy Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gear Energy ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Helloworld Travel Ltd
AU:HLO
|
-0.022x |
|
AirAsia X Bhd
KLSE:5238
|
0.178x |
|
The Naga Group AG
XETRA:N4G
|
0.002x |
|
New Asia Construction & Development Corp
TW:2516
|
0.161x |
|
INTERMONTE PRTN.SIM
F:78U
|
N/A |
|
RCM Technologies Inc
NASDAQ:RCMT
|
-0.030x |
|
AA Industrial Belting
SHG:603580
|
0.010x |
|
Metropolitan Land Tbk
JK:MTLA
|
-0.006x |
Annual Cash Flow Conversion Efficiency for Gear Energy (2011–2023)
The table below shows the annual cash flow conversion efficiency of Gear Energy from 2011 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | CA$236.74 Million | CA$63.59 Million | 0.269x | -24.71% |
| 2022-12-31 | CA$251.61 Million | CA$89.77 Million | 0.357x | +36.88% |
| 2021-12-31 | CA$199.05 Million | CA$51.88 Million | 0.261x | -9.49% |
| 2020-12-31 | CA$104.93 Million | CA$30.22 Million | 0.288x | +5.23% |
| 2019-12-31 | CA$182.25 Million | CA$49.88 Million | 0.274x | +23.18% |
| 2018-12-31 | CA$187.93 Million | CA$41.75 Million | 0.222x | -5.78% |
| 2017-12-31 | CA$155.93 Million | CA$36.77 Million | 0.236x | +32.53% |
| 2016-12-31 | CA$142.23 Million | CA$25.31 Million | 0.178x | -58.68% |
| 2015-12-31 | CA$94.16 Million | CA$40.55 Million | 0.431x | +16.28% |
| 2014-12-31 | CA$178.02 Million | CA$65.92 Million | 0.370x | +18.24% |
| 2013-12-31 | CA$126.16 Million | CA$39.51 Million | 0.313x | +7.77% |
| 2012-12-31 | CA$124.66 Million | CA$36.23 Million | 0.291x | +589.16% |
| 2011-12-31 | CA$120.71 Million | CA$5.09 Million | 0.042x | -- |