PetroFrontier Corp (PFC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, PetroFrontier Corp (PFC) has a cash flow conversion efficiency ratio of -0.745x as of September 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$2.29 Million ≈ $1.66 Million USD) by net assets (CA$-3.07 Million ≈ $-2.22 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See PetroFrontier Corp balance sheet independence to measure how much of total assets are equity-financed.
PetroFrontier Corp - Cash Flow Conversion Efficiency Trend (2013–2023)
This chart illustrates how PetroFrontier Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of PetroFrontier Corp to evaluate the quality of earnings relative to operating cash generation.
PetroFrontier Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of PetroFrontier Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ethernity Networks Ltd
LSE:ENET
|
-1.768x |
|
VIFRANA
RO:BIOW
|
N/A |
|
Seed Capital Solutions Plc
LSE:SCSP
|
N/A |
|
Housing Development and Infrastructure Limited
NSE:HDIL
|
-0.042x |
|
Us1 Critical Minerals Limited
AU:USC
|
-1.463x |
|
NRx Pharmaceuticals Inc
NASDAQ:NRXPW
|
0.311x |
|
CuriosityStream Inc
NASDAQ:CURIW
|
0.093x |
|
Versus Systems Inc
NASDAQ:VSSYW
|
0.007x |
Annual Cash Flow Conversion Efficiency for PetroFrontier Corp (2013–2023)
The table below shows the annual cash flow conversion efficiency of PetroFrontier Corp from 2013 to 2023. For the full company profile with market capitalisation and key ratios, see PetroFrontier Corp market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | CA$-848.81K ≈ $-614.02K |
CA$1.45 Million ≈ $1.05 Million |
-1.714x | -7333.67% |
| 2022-12-31 | CA$12.02 Million ≈ $8.69 Million |
CA$-277.08K ≈ $-200.44K |
-0.023x | -174.76% |
| 2021-12-31 | CA$10.94 Million ≈ $7.91 Million |
CA$337.42K ≈ $244.08K |
0.031x | +129.40% |
| 2020-12-31 | CA$11.36 Million ≈ $8.22 Million |
CA$-1.19 Million ≈ $-862.02K |
-0.105x | -44.37% |
| 2019-12-31 | CA$10.17 Million ≈ $7.35 Million |
CA$-738.76K ≈ $-534.41K |
-0.073x | -82.16% |
| 2018-12-31 | CA$10.97 Million ≈ $7.94 Million |
CA$-437.57K ≈ $-316.53K |
-0.040x | -187.13% |
| 2017-12-31 | CA$13.22 Million ≈ $9.56 Million |
CA$605.19K ≈ $437.78K |
0.046x | +127.23% |
| 2016-12-31 | CA$14.83 Million ≈ $10.73 Million |
CA$-2.49 Million ≈ $-1.80 Million |
-0.168x | -104.34% |
| 2015-12-31 | CA$9.62 Million ≈ $6.96 Million |
CA$-791.46K ≈ $-572.53K |
-0.082x | +52.27% |
| 2014-12-31 | CA$10.21 Million ≈ $7.39 Million |
CA$-1.76 Million ≈ $-1.27 Million |
-0.172x | -138.25% |
| 2013-12-31 | CA$51.22 Million ≈ $37.05 Million |
CA$-3.71 Million ≈ $-2.68 Million |
-0.072x | -- |
About PetroFrontier Corp
PetroFrontier Corp. a junior energy company, engages in the exploration and production of petroleum and natural gas in western Canada. The company holds interest in Cold Lake and Wabasc properties located in Alberta, Canada. PetroFrontier Corp. is based in Calgary, Canada.