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. Also see WRG market cap overview for the company's overall valuation and market capitalisation.

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. View Western Energy Services Corp. stock price for real-time trading data and today's change.

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. Review WRG FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.

Company	Cash Flow Conversion Efficiency
Rand Mining Ltd AU:RND	0.048x
Berenson Acquisition Corp I NYSE MKT:BACA	1.396x
Barbeque Nation Hospitality Limited NSE:BARBEQUE	0.243x
Hwa Fong Rubber (Thailand) Public Company Limited BK:HFT	0.045x
DIO Corporation KQ:039840	0.015x
Intech Biopharm Ltd TWO:6461	-0.085x
Peace Acquisition Corp Ordinary Shares NASDAQ:PECE	-0.003x
Viet Nam Power Development JSC VN:VPD	N/A

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. Also see balance sheet size of Western Energy Services Corp. for a full breakdown of the balance sheet.

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

$84.48 Million

CA$116.78 Million CAD

Market Cap Rank

#19873 Global

#671 in Canada

Share Price

CA$3.45

Change (1 day)

+0.00%

52-Week Range

CA$2.03 - CA$3.49

All Time High

CA$608.91