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 WRG defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

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.

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
EQL PHARMA AB F:7JK	0.050x
Heubach Colorants India Limited NSE:HEUBACHIND	N/A
GIIB Holdings Bhd KLSE:7192	-0.621x
Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme AT:MOTO	-0.109x
SSF Home Group Berhad KLSE:0287	0.013x
Genasys Inc NASDAQ:GNSS	-3.076x
ZUE SA WAR:ZUE	0.137x
KCC Engineering & Construction Co. Ltd KQ:021320	0.117x

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 market cap of Western Energy Services Corp..

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

#20239 Global

#693 in Canada

Share Price

CA$3.20

Change (1 day)

-3.03%

52-Week Range

CA$2.01 - CA$3.45

All Time High

CA$608.91