Parex Resources Inc (PXT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Parex Resources Inc (PXT) has a cash flow conversion efficiency ratio of 0.012x 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$23.69 Million ≈ $17.14 Million USD) by net assets (CA$1.93 Billion ≈ $1.40 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Parex Resources Inc (PXT) net asset quality to measure how much of total assets are equity-financed.
Parex Resources Inc - Cash Flow Conversion Efficiency Trend (2008–2025)
This chart illustrates how Parex Resources Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Parex Resources Inc (PXT) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Parex Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Parex Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nanjing Yunhai Special Metals Co Ltd
SHE:002182
|
-0.014x |
|
Hubei TKD Crystal Electn
SHG:603738
|
0.015x |
|
Attendo AB (publ)
ST:ATT
|
0.115x |
|
360 Finance Inc
NASDAQ:QFIN
|
0.126x |
|
PowerTECH Co. Ltd. A
SHE:301369
|
N/A |
|
Bank of Chongqing Co Ltd
F:CQN
|
-0.075x |
|
FLEX LNG Ltd
NYSE:FLNG
|
0.040x |
|
Syndax Pharmaceuticals Inc
NASDAQ:SNDX
|
-1.210x |
Annual Cash Flow Conversion Efficiency for Parex Resources Inc (2008–2025)
The table below shows the annual cash flow conversion efficiency of Parex Resources Inc from 2008 to 2025. For the full company profile with market capitalisation and key ratios, see market cap of Parex Resources Inc.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$1.95 Billion ≈ $1.41 Billion |
CA$432.19 Million ≈ $312.64 Million |
0.222x | -28.76% |
| 2024-12-31 | CA$1.83 Billion ≈ $1.32 Billion |
CA$569.91 Million ≈ $412.27 Million |
0.311x | +61.64% |
| 2023-12-31 | CA$1.96 Billion ≈ $1.41 Billion |
CA$376.47 Million ≈ $272.33 Million |
0.193x | -66.43% |
| 2022-12-31 | CA$1.71 Billion ≈ $1.24 Billion |
CA$983.60 Million ≈ $711.52 Million |
0.574x | +49.60% |
| 2021-12-31 | CA$1.39 Billion ≈ $1.01 Billion |
CA$534.30 Million ≈ $386.51 Million |
0.383x | +77.20% |
| 2020-12-31 | CA$1.34 Billion ≈ $969.68 Million |
CA$290.02 Million ≈ $209.79 Million |
0.216x | -16.89% |
| 2019-12-31 | CA$1.40 Billion ≈ $1.01 Billion |
CA$365.07 Million ≈ $264.08 Million |
0.260x | -37.66% |
| 2018-12-31 | CA$1.27 Billion ≈ $920.89 Million |
CA$531.55 Million ≈ $384.52 Million |
0.418x | +30.13% |
| 2017-12-31 | CA$888.27 Million ≈ $642.56 Million |
CA$285.03 Million ≈ $206.19 Million |
0.321x | +48.70% |
| 2016-12-31 | CA$713.79 Million ≈ $516.35 Million |
CA$154.03 Million ≈ $111.42 Million |
0.216x | -0.51% |
| 2015-12-31 | CA$741.93 Million ≈ $536.70 Million |
CA$160.91 Million ≈ $116.40 Million |
0.217x | -42.43% |
| 2014-12-31 | CA$660.64 Million ≈ $477.90 Million |
CA$248.90 Million ≈ $180.05 Million |
0.377x | -12.37% |
| 2013-12-31 | CA$485.06 Million ≈ $350.89 Million |
CA$208.55 Million ≈ $150.86 Million |
0.430x | -21.38% |
| 2012-12-31 | CA$465.40 Million ≈ $336.66 Million |
CA$254.52 Million ≈ $184.11 Million |
0.547x | +90.03% |
| 2011-12-31 | CA$417.86 Million ≈ $302.27 Million |
CA$120.25 Million ≈ $86.99 Million |
0.288x | +950.15% |
| 2010-12-31 | CA$184.49 Million ≈ $133.45 Million |
CA$-6.25 Million ≈ $-4.52 Million |
-0.034x | -12.57% |
| 2009-12-31 | CA$124.51 Million ≈ $90.07 Million |
CA$-3.74 Million ≈ $-2.71 Million |
-0.030x | -102.03% |
| 2008-12-31 | CA$-48.00K ≈ $-34.72K |
CA$-71.00K ≈ $-51.36K |
1.479x | -- |
About Parex Resources Inc
Parex Resources Inc. engages in the exploration, development, production, and marketing of oil and natural gas in Colombia. Its principal land holdings and exploration blocks are located in the Llanos Basin, Magdalena Basin, and Putumayo Basin. The company was incorporated in 2009 and is headquartered in Calgary, Canada.