Logan Energy Corp (LGN) - Cash Flow Conversion Efficiency

Latest as of June 2024: 0.019x

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 debt-free asset ratio of Logan Energy Corp to measure how much of total assets are equity-financed.

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. Check LGN operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

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
Eik fasteignafélag hf IC:EIK	0.017x
Solusi Bangun Indonesia Tbk PT JK:SMCB	0.014x
Hi-Trend Tech(Shanghai)Co Ltd SHG:688391	N/A
Tokmanni Group Oyj HE:TOKMAN	-0.003x
Wuhan Xingtu Xinke Electronics Co Ltd SHG:688081	-0.047x
Cognor S.A. WAR:COG	-0.068x
Blend Labs Inc NYSE:BLND	-0.131x
Nam Long Investment Corp VN:NLG	0.009x

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 market cap.

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

V:LGN Canada Oil & Gas E&P

Market Cap

$409.36 Million

CA$565.89 Million CAD

Market Cap Rank

#13106 Global

#391 in Canada

Share Price

CA$0.95

Change (1 day)

-1.04%

52-Week Range

CA$0.72 - CA$1.04

All Time High

CA$1.20