Comet Ridge Stock

Comet Ridge Cash Conversion

The Cash Conversion Rate (OCF/Net Income) of Comet Ridge (COI.AX) as of Sep 4, 2026 is 166.76 %. In the previous year, Cash Conversion Rate (OCF/Net Income) was 58.88 % — a change of 183.21% (higher).

Cash Conversion

166.76 %

YoY

183.21%

Last updated:

Cash Conversion Rate (OCF/Net Income) of Comet Ridge is 2026 166.76 % . Cash Conversion Rate (OCF/Net Income) of Comet Ridge was 2025 58.88 % . It decreases by 183.21% higher compared to the previous year.

The Comet Ridge Cash Conversion history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Cash Conversion
Date
Cash Conversion
Jan 1, 2018
75.38 AUD
Jan 1, 2019
59.66 AUD
Jan 1, 2020
22.25 AUD
Jan 1, 2021
28.51 AUD
Jan 1, 2022
38.90 AUD
Jan 1, 2023
57.94 AUD
Jan 1, 2024
58.88 AUD
Jan 1, 2025
166.76 AUD
The Comet Ridge Cash Conversion history
YEARCash ConversionYoY
166.76 %+183.21%
58.88 %+1.62%
57.94 %+48.94%
38.90 %+36.48%
28.51 %+28.11%
22.25 %-62.70%
59.66 %-20.86%
75.38 %+114.42%
35.16 %-20.85%
44.42 %+514.60%
7.23 %-244.54%
-5.00 %
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Comet Ridge Stock analysis

What does Comet Ridge do? Comet Ridge Ltd. is an Australian company specializing in the exploration and production of unconventional natural gas. It was founded in 2005 and is headquartered in Brisbane, Australia. The company began exploring the Bowen Basin in Queensland for unconventional natural gas, specifically coal seam gas. It identified a significant potential for production and initiated planning and development activities in the region. Comet Ridge operates with a unique business model based on identifying opportunities for exploration and production of coal seam gas. It follows a strategy of joint operations, where it owns and operates multiple areas within its operating region, sharing operational liabilities with its partners. The company is divided into different business segments, including operational activities focused on the conversion of existing reserves into economically viable assets, as well as gas marketing, selling coal seam gas to various industries, representing an environmentally friendly strategy due to its lower greenhouse gas emissions. Comet Ridge also holds interests in a leading coal mine in Australia and a company specializing in compressor design and construction for the gas industry. In addition to coal seam gas, the company offers various products and services, including commercial and technical support. Overall, Comet Ridge Ltd. specializes in the exploration, production, and marketing of coal seam gas, implementing an environmentally sustainable strategy and reducing greenhouse gas emissions for a more sustainable future. Comet Ridge is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Comet Ridge stock

Cash Conversion Rate (OCF/Net Income) of Comet Ridge is 166.76 % in 2026.

Cash Conversion Rate (OCF/Net Income) of Comet Ridge changed from 58.88 % to 166.76 %, representing a 183.21% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Cash Conversion Rate (OCF/Net Income) Comet Ridge since 2006 – with annual values, charts, and detailed analysis.

Cash conversion measures how effectively net income converts to operating cash flow. Ratios above 100% indicate high-quality, cash-backed earnings.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Cash Conversion Rate (OCF/Net Income)'s Comet Ridge with sector peers and the industry average to assess whether it is attractive.

To evaluate Cash Conversion Rate (OCF/Net Income)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Cash Conversion Rate (OCF/Net Income).

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