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 Source Energy Services Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

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.

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
Alkim Alkali Kimya AS IS:ALKIM	0.070x
Super Energy Corporation Public Company Limited BK:SUPER-R	0.082x
Amber International Holding Limited NASDAQ:AMBR	-0.008x
Diginex Limited Ordinary Shares NASDAQ:DGNX	N/A
Coraza Integrated Technology Bhd KLSE:0240	0.243x
UBM Development AG VI:UBS	0.009x
Thac Mo Hydropower JSC VN:TMP	0.122x
Readytech Holdings Ltd AU:RDY	0.039x

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 SHLE company net 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

$127.80 Million

CA$176.67 Million CAD

Market Cap Rank

#18344 Global

#602 in Canada

Share Price

CA$13.45

Change (1 day)

-0.22%

52-Week Range

CA$10.53 - CA$18.28

All Time High

CA$123.60