Kelt Exploration Ltd. (KEL) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Kelt Exploration Ltd. (KEL) has a cash flow conversion efficiency ratio of 0.048x as of September 2025. 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$53.83 Million ≈ $38.94 Million USD) by net assets (CA$1.12 Billion ≈ $808.13 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 KEL defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Kelt Exploration Ltd. - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Kelt Exploration Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
Kelt Exploration Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Kelt Exploration Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Chemtrade Logistics Income Fund
TO:CHE-UN
|
0.206x |
|
Vitrolife AB
ST:VITR
|
0.021x |
|
Rastar Environmental Protection Materials Co.Ltd.
SHE:300834
|
0.021x |
|
Indegene Ltd
NSE:INDGN
|
0.065x |
|
Cobram Estate Olives Ltd
AU:CBO
|
-0.028x |
|
Derichebourg
PA:DBG
|
0.205x |
|
Jungheinrich AG O.N.VZO
XETRA:JUN3
|
0.146x |
|
Shandong Yisheng Livestock & Poultry Breeding Co Ltd
SHE:002458
|
0.021x |
Annual Cash Flow Conversion Efficiency for Kelt Exploration Ltd. (2012–2024)
The table below shows the annual cash flow conversion efficiency of Kelt Exploration Ltd. from 2012 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Kelt Exploration Ltd. worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$1.06 Billion ≈ $768.96 Million |
CA$209.15 Million ≈ $151.29 Million |
0.197x | -30.28% |
| 2023-12-31 | CA$1.00 Billion ≈ $726.03 Million |
CA$283.22 Million ≈ $204.88 Million |
0.282x | -16.88% |
| 2022-12-31 | CA$901.42 Million ≈ $652.08 Million |
CA$306.02 Million ≈ $221.37 Million |
0.339x | +53.62% |
| 2021-12-31 | CA$722.72 Million ≈ $522.81 Million |
CA$159.71 Million ≈ $115.53 Million |
0.221x | +125.05% |
| 2020-12-31 | CA$603.68 Million ≈ $436.70 Million |
CA$59.28 Million ≈ $42.88 Million |
0.098x | -44.22% |
| 2019-12-31 | CA$923.06 Million ≈ $667.73 Million |
CA$162.49 Million ≈ $117.54 Million |
0.176x | -15.58% |
| 2018-12-31 | CA$893.80 Million ≈ $646.56 Million |
CA$186.38 Million ≈ $134.83 Million |
0.209x | +53.06% |
| 2017-12-31 | CA$845.70 Million ≈ $611.77 Million |
CA$115.22 Million ≈ $83.35 Million |
0.136x | +156.92% |
| 2016-12-31 | CA$843.30 Million ≈ $610.03 Million |
CA$44.72 Million ≈ $32.35 Million |
0.053x | -28.66% |
| 2015-12-31 | CA$847.62 Million ≈ $613.15 Million |
CA$63.01 Million ≈ $45.58 Million |
0.074x | -59.02% |
| 2014-12-31 | CA$619.64 Million ≈ $448.24 Million |
CA$112.39 Million ≈ $81.30 Million |
0.181x | +164.99% |
| 2013-12-31 | CA$392.87 Million ≈ $284.20 Million |
CA$26.89 Million ≈ $19.45 Million |
0.068x | -94.68% |
| 2012-12-31 | CA$7.78 Million ≈ $5.63 Million |
CA$10.02 Million ≈ $7.25 Million |
1.288x | -- |
About Kelt Exploration Ltd.
Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of crude oil and natural gas resources primarily in Western Canada. The company markets its crude oil and natural gas liquids products primarily to third party. Kelt Exploration Ltd. was incorporated in 2012 and is headquartered in Calgary, Canada.