Western Energy Services Corp. (WRG) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.027x

Based on the latest financial reports, Western Energy Services Corp. (WRG) has a cash flow conversion efficiency ratio of 0.027x 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$7.29 Million ≈ $5.27 Million USD) by net assets (CA$268.04 Million ≈ $193.90 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 debt-free asset ratio of Western Energy Services Corp. to measure how much of total assets are equity-financed.

Western Energy Services Corp. - Cash Flow Conversion Efficiency Trend (1999–2025)

This chart illustrates how Western Energy Services Corp.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check WRG operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

Western Energy Services Corp. Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Heubach Colorants India Limited NSE:HEUBACHIND	N/A
Chunghwa Chemical Synthesis & Biotech Co Ltd TW:1762	0.028x
Emerita Resources Corp V:EMO	-0.014x
Marshall Monteagle PLC JSE:MMP	-0.042x
Hyundai Everdigm Corp KQ:041440	-0.014x
Bluemount Holdings Limited Class B Ordinary Shares NASDAQ:BMHL	-0.105x
Burning Rock Biotech Ltd NASDAQ:BNR	0.043x
Vasta Platform Ltd NASDAQ:VSTA	0.020x

Annual Cash Flow Conversion Efficiency for Western Energy Services Corp. (1999–2025)

The table below shows the annual cash flow conversion efficiency of Western Energy Services Corp. from 1999 to 2025. For the full company profile with market capitalisation and key ratios, see Western Energy Services Corp. (WRG) market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CA$265.45 Million ≈ $192.02 Million	CA$32.00 Million ≈ $23.15 Million	0.121x	-23.79%
2024-12-31	CA$295.85 Million ≈ $214.01 Million	CA$46.80 Million ≈ $33.85 Million	0.158x	-8.93%
2023-12-31	CA$295.67 Million ≈ $213.88 Million	CA$51.35 Million ≈ $37.15 Million	0.174x	+84.10%
2022-12-31	CA$302.53 Million ≈ $218.85 Million	CA$28.54 Million ≈ $20.65 Million	0.094x	+5.79%
2021-12-31	CA$186.50 Million ≈ $134.91 Million	CA$16.63 Million ≈ $12.03 Million	0.089x	-28.44%
2020-12-31	CA$222.47 Million ≈ $160.93 Million	CA$27.72 Million ≈ $20.05 Million	0.125x	+4.93%
2019-12-31	CA$267.09 Million ≈ $193.21 Million	CA$31.72 Million ≈ $22.94 Million	0.119x	+26.78%
2018-12-31	CA$353.80 Million ≈ $255.93 Million	CA$33.14 Million ≈ $23.97 Million	0.094x	+46.79%
2017-12-31	CA$386.15 Million ≈ $279.34 Million	CA$24.64 Million ≈ $17.82 Million	0.064x	+56.24%
2016-12-31	CA$407.21 Million ≈ $294.57 Million	CA$16.63 Million ≈ $12.03 Million	0.041x	-78.82%
2015-12-31	CA$471.70 Million ≈ $341.22 Million	CA$90.95 Million ≈ $65.80 Million	0.193x	-36.08%
2014-12-31	CA$601.20 Million ≈ $434.90 Million	CA$181.35 Million ≈ $131.19 Million	0.302x	+48.62%
2013-12-31	CA$563.42 Million ≈ $407.57 Million	CA$114.36 Million ≈ $82.72 Million	0.203x	-12.02%
2012-12-31	CA$454.79 Million ≈ $328.99 Million	CA$104.92 Million ≈ $75.89 Million	0.231x	+61.00%
2011-12-31	CA$414.32 Million ≈ $299.72 Million	CA$59.37 Million ≈ $42.95 Million	0.143x	+170.11%
2010-12-31	CA$187.32 Million ≈ $135.51 Million	CA$9.94 Million ≈ $7.19 Million	0.053x	+113.39%
2009-12-31	CA$8.08 Million ≈ $5.84 Million	CA$-3.20 Million ≈ $-2.32 Million	-0.396x	-2545.20%
2008-12-31	CA$7.47 Million ≈ $5.41 Million	CA$121.12K ≈ $87.61K	0.016x	+109.40%
2007-12-31	CA$9.51 Million ≈ $6.88 Million	CA$-1.64 Million ≈ $-1.19 Million	-0.172x	-75.08%
2006-12-31	CA$7.75 Million ≈ $5.61 Million	CA$-763.51K ≈ $-552.31K	-0.098x	+18.86%
2005-12-31	CA$6.48 Million ≈ $4.69 Million	CA$-786.49K ≈ $-568.93K	-0.121x	+63.87%
2004-12-31	CA$3.60 Million ≈ $2.60 Million	CA$-1.21 Million ≈ $-873.84K	-0.336x	-15.40%
2003-12-31	CA$966.88K ≈ $699.43K	CA$-281.40K ≈ $-203.56K	-0.291x	-144366.30%
2002-12-31	CA$748.51K ≈ $541.46K	CA$151.00 ≈ $109.23	0.000x	+100.18%
2001-12-31	CA$892.53K ≈ $645.64K	CA$-100.57K ≈ $-72.75K	-0.113x	+64.31%
2000-12-31	CA$860.38K ≈ $622.38K	CA$-271.66K ≈ $-196.52K	-0.316x	-279.38%
1999-12-31	CA$904.97K ≈ $654.64K	CA$-75.32K ≈ $-54.48K	-0.083x	--

About Western Energy Services Corp.

TO:WRG Canada Oil & Gas Drilling

Market Cap

$78.36 Million

CA$108.32 Million CAD

Market Cap Rank

#20142 Global

#690 in Canada

Share Price

CA$3.20

Change (1 day)

+0.00%

52-Week Range

CA$2.01 - CA$3.47

All Time High

CA$608.91