Logan Energy Corp Cash Flow Conversion Efficiency
Logan Energy Corp cash flow conversion efficiency. Based on the latest financial reports, Logan Energy Corp (LGN) has a cash flow conversion efficiency ratio of 0.019x as of June 2024. 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$3.39 Million ≈ $2.46 Million USD) by net assets (CA$175.12 Million ≈ $126.68 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 LGN market cap for the company's overall valuation and market capitalisation.
Cash Flow Conversion Efficiency of Logan Energy Corp (2022–2023)
Cash flow conversion efficiency of Logan Energy Corp from 2022 to 2023. This chart illustrates how Logan Energy Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Logan Energy Corp stock price today for real-time trading data and today's change.
Logan Energy Corp Cash Flow Conversion Ratio Explained
Logan Energy Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Logan Energy Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Logan Energy Corp ranked by their cash flow conversion efficiency. Review LGN free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
C.E. Info Systems Limited
NSE:MAPMYINDIA
|
0.050x |
|
Zhejiang Jinghua Laser Technology Co Ltd Class A
SHG:603607
|
0.077x |
|
Latent View Analytics Limited
NSE:LATENTVIEW
|
0.032x |
|
Shanghai Conglin Environmental Protection Technology Co. Ltd. A
SHG:688370
|
N/A |
|
Peet Ltd
AU:PPC
|
0.104x |
|
Globalworth REIT
LSE:GWI
|
0.013x |
|
Ovzon AB
ST:OVZON
|
0.051x |
|
Evolent Health Inc
NYSE:EVH
|
-0.002x |
Annual Cash Flow Conversion Efficiency for Logan Energy Corp (2022–2023)
The table below shows the annual cash flow conversion efficiency of Logan Energy Corp from 2022 to 2023. Also see LGN asset base for a full breakdown of the balance sheet.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | CA$174.12 Million ≈ $125.95 Million |
CA$23.95 Million ≈ $17.33 Million |
0.138x | -80.36% |
| 2022-12-31 | CA$95.80 Million ≈ $69.30 Million |
CA$67.11 Million ≈ $48.55 Million |
0.701x | -- |
About Logan Energy Corp
Logan Energy Corp. engages in the exploration, development, and production of crude oil and natural gas properties. The company holds interest in the Simonette and Pouce Coupe properties in northwest Alberta; and the Flatrock property in northeastern British Columbia. The company was formerly known as 2499938 Alberta Ltd. and changed its name to Logan Energy Corp. in March 2023. Logan Energy Corp… Read more