Source Energy Services Ltd (SHLE) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.166x

Based on the latest financial reports, Source Energy Services Ltd (SHLE) 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$35.02 Million ≈ $25.33 Million USD) by net assets (CA$210.34 Million ≈ $152.16 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 SHLE net asset quality index to measure how much of total assets are equity-financed.

Source Energy Services Ltd - Cash Flow Conversion Efficiency Trend (2014–2024)

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

Source Energy Services Ltd Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
China Reform Culture Holdings Co Ltd SHG:600636	0.005x
Sat Industries Limited NSE:SATINDLTD	0.006x
Cheng Fwa Industrial Ltd TWO:5426	0.017x
Garuda Metalindo Tbk PT JK:BOLT	-0.092x
ALEXANDRIA PANKKIIRILIIKE F:3ZL	N/A
Chinyang Hold KO:100250	-0.015x
SINGULAR PEOPLE S EO-1 F:H0U	N/A
Bunzl PLC LSE:BNZL	0.144x

Annual Cash Flow Conversion Efficiency for Source Energy Services Ltd (2014–2024)

The table below shows the annual cash flow conversion efficiency of Source Energy Services Ltd from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Source Energy Services Ltd worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$189.87 Million ≈ $137.35 Million	CA$94.39 Million ≈ $68.28 Million	0.497x	+4.78%
2023-12-31	CA$169.13 Million ≈ $122.35 Million	CA$80.24 Million ≈ $58.05 Million	0.474x	-96.65%
2022-12-31	CA$5.66 Million ≈ $4.09 Million	CA$80.17 Million ≈ $58.00 Million	14.172x	+560.12%
2021-12-31	CA$6.53 Million ≈ $4.72 Million	CA$14.01 Million ≈ $10.14 Million	2.147x	+78.25%
2020-12-31	CA$32.69 Million ≈ $23.65 Million	CA$39.37 Million ≈ $28.48 Million	1.204x	+570.93%
2019-12-31	CA$199.31 Million ≈ $144.18 Million	CA$35.78 Million ≈ $25.88 Million	0.180x	-27.88%
2018-12-31	CA$304.67 Million ≈ $220.39 Million	CA$75.84 Million ≈ $54.86 Million	0.249x	+984.34%
2017-12-31	CA$282.19 Million ≈ $204.13 Million	CA$6.48 Million ≈ $4.69 Million	0.023x	-85.62%
2016-12-31	CA$-59.22 Million ≈ $-42.84 Million	CA$-9.45 Million ≈ $-6.84 Million	0.160x	+103.27%
2015-12-31	CA$-4.84 Million ≈ $-3.50 Million	CA$23.62 Million ≈ $17.09 Million	-4.879x	-171.87%
2014-12-31	CA$-1.16 Million ≈ $-839.85K	CA$-7.88 Million ≈ $-5.70 Million	6.789x	--

About Source Energy Services Ltd

TO:SHLE Canada Oil & Gas Equipment & Services

Market Cap

$109.75 Million

CA$151.71 Million CAD

Market Cap Rank

#18804 Global

#624 in Canada

Share Price

CA$11.55

Change (1 day)

-1.03%

52-Week Range

CA$10.53 - CA$18.28

All Time High

CA$123.60