Logan Energy Corp (LGN) - 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. See defensive interval ratio of Logan Energy Corp to measure how many days the company can operate on defensive assets alone.
Logan Energy Corp - Cash Flow Conversion Efficiency Trend (2022–2023)
This chart illustrates how Logan Energy Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Yantai Zhenghai Bio-Tech Co Ltd
SHE:300653
|
0.035x |
|
Companhia Brasileira de Distribuição
MX:CBDN
|
-0.073x |
|
Metrogas SA
BA:METR
|
0.029x |
|
Royal Group Co Ltd
SHE:002329
|
0.068x |
|
Sprout Social Inc
NASDAQ:SPT
|
0.117x |
|
Gopal Snacks Ltd
NSE:GOPAL
|
0.120x |
|
Tongxing Environmental Protection
SHE:003027
|
0.056x |
|
Kalyani Steels Limited
NSE:KSL
|
0.071x |
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. For the full company profile with market capitalisation and key ratios, see LGN stock market capitalisation.
| 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