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.

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. Read Source Energy Services Ltd (SHLE) financial obligations for a breakdown of total debt and financial obligations.

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
Entech SE SAS PA:ALESE	0.142x
Binh Dien Fertilizer JSC VN:BFC	0.217x
Gandhar Oil Refinery (India) Limited NSE:GANDHAR	0.030x
Platform Turizm Tasimacilik AS IS:PLTUR	-0.063x
Dongsung Corporation KO:102260	0.050x
Circio Holding ASA OL:CRNA	2.069x
SSH Communications Security Oyj HE:SSH1V	-0.076x
Gordon Auto Body Parts Co Ltd TW:1524	0.013x

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

$167.33 Million

CA$231.31 Million CAD

Market Cap Rank

#17737 Global

#572 in Canada

Share Price

CA$17.61

Change (1 day)

-1.23%

52-Week Range

CA$9.92 - CA$18.28

All Time High

CA$123.60