Meren Energy Inc. (MER) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.166x

Based on the latest financial reports, Meren Energy Inc. (MER) has a cash flow conversion efficiency ratio of 0.166x 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$146.70 Million ≈ $106.12 Million USD) by net assets (CA$881.30 Million ≈ $637.52 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 net asset quality index of Meren Energy Inc. to measure how much of total assets are equity-financed.

Meren Energy Inc. - Cash Flow Conversion Efficiency Trend (2000–2024)

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

Meren Energy Inc. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Meren Energy Inc. ranked by their cash flow conversion efficiency.

Company Cash Flow Conversion Efficiency
PHILION SE O.N.
F:PH6
N/A
Thai Oil PCL
STU:LQZ
0.044x
Eos Energy Enterprises Inc
NASDAQ:EOSEW
0.028x
Orient Europharma Co Ltd
TWO:4120
-0.020x
Novo Integrated Sciences Inc
NASDAQ:NVOS
-0.037x
Harvest Minerals Ltd
LSE:HMI
-0.192x
Phoenix Global Mining Ltd
LSE:PXC
-0.011x
Alpine 4 Holdings Inc
NASDAQ:ALPP
-0.019x

Annual Cash Flow Conversion Efficiency for Meren Energy Inc. (2000–2024)

The table below shows the annual cash flow conversion efficiency of Meren Energy Inc. from 2000 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Meren Energy Inc. worth.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2024-12-31 CA$548.80 Million
≈ $396.99 Million
CA$-40.90 Million
≈ $-29.59 Million
-0.075x -25.09%
2023-12-31 CA$894.60 Million
≈ $647.14 Million
CA$-53.30 Million
≈ $-38.56 Million
-0.060x -203.60%
2022-12-31 CA$830.60 Million
≈ $600.84 Million
CA$-16.30 Million
≈ $-11.79 Million
-0.020x -82.24%
2021-12-31 CA$948.06 Million
≈ $685.81 Million
CA$-10.21 Million
≈ $-7.39 Million
-0.011x -51.88%
2020-12-31 CA$754.29 Million
≈ $545.64 Million
CA$-5.35 Million
≈ $-3.87 Million
-0.007x -21.23%
2019-12-31 CA$766.70 Million
≈ $554.62 Million
CA$-4.48 Million
≈ $-3.24 Million
-0.006x -176.69%
2018-12-31 CA$922.08 Million
≈ $667.02 Million
CA$-1.95 Million
≈ $-1.41 Million
-0.002x -138.15%
2017-12-31 CA$973.45 Million
≈ $704.18 Million
CA$-864.00K
≈ $-625.00K
-0.001x +80.39%
2016-12-31 CA$977.44 Million
≈ $707.07 Million
CA$-4.42 Million
≈ $-3.20 Million
-0.005x +59.27%
2015-12-31 CA$991.88 Million
≈ $717.51 Million
CA$-11.02 Million
≈ $-7.97 Million
-0.011x +10.16%
2014-12-31 CA$797.05 Million
≈ $576.57 Million
CA$-9.86 Million
≈ $-7.13 Million
-0.012x +5.81%
2013-12-31 CA$929.85 Million
≈ $672.64 Million
CA$-12.21 Million
≈ $-8.83 Million
-0.013x +20.06%
2012-12-31 CA$520.15 Million
≈ $376.27 Million
CA$-8.55 Million
≈ $-6.18 Million
-0.016x +35.08%
2011-12-31 CA$275.95 Million
≈ $199.62 Million
CA$-6.98 Million
≈ $-5.05 Million
-0.025x +5.60%
2010-12-31 CA$169.05 Million
≈ $122.29 Million
CA$-4.53 Million
≈ $-3.28 Million
-0.027x -3497.95%
2009-12-31 CA$89.23 Million
≈ $64.55 Million
CA$-66.49K
≈ $-48.10K
-0.001x +98.97%
2008-12-31 CA$24.87 Million
≈ $17.99 Million
CA$-1.81 Million
≈ $-1.31 Million
-0.073x -532.57%
2007-12-31 CA$24.68 Million
≈ $17.85 Million
CA$-283.47K
≈ $-205.05K
-0.011x +85.15%
2006-12-31 CA$5.79 Million
≈ $4.19 Million
CA$-447.57K
≈ $-323.77K
-0.077x -34.88%
2005-12-31 CA$2.48 Million
≈ $1.80 Million
CA$-142.47K
≈ $-103.06K
-0.057x +92.61%
2004-12-31 CA$81.11K
≈ $58.67K
CA$-62.96K
≈ $-45.54K
-0.776x -106.58%
2003-12-31 CA$-4.85K
≈ $-3.51K
CA$-57.23K
≈ $-41.40K
11.792x +787.31%
2002-12-31 CA$42.61K
≈ $30.82K
CA$-73.10K
≈ $-52.88K
-1.716x -623.90%
2001-12-31 CA$-384.53K
≈ $-278.16K
CA$-125.92K
≈ $-91.09K
0.327x +21.48%
2000-12-31 CA$-294.80K
≈ $-213.26K
CA$-79.47K
≈ $-57.49K
0.270x --

About Meren Energy Inc.

TO:MER Canada Oil & Gas E&P
Market Cap
$13.90K
CA$19.22K CAD
Market Cap Rank
#31645 Global
#1679 in Canada
Share Price
CA$2.02
Change (1 day)
+0.00%
52-Week Range
CA$1.68 - CA$2.53
All Time High
CA$2.53
About

Meren Energy Inc., together with its subsidiaries, operates as an oil and gas exploration and production company in Nigeria, Namibia, South Africa, and Equatorial Guinea. The company holds interests in producing and development assets in deep-water Nigeria. It also has a portfolio of development and exploration assets in the west and south of Africa. Meren Energy Inc. was formerly known as Africa… Read more