Golden Mile Resources Ltd (G88) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Golden Mile Resources Ltd (G88) has a cash flow conversion efficiency ratio of -0.244x as of June 2025. 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 (AU$-868.43K ≈ $-614.47K USD) by net assets (AU$3.56 Million ≈ $2.52 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Golden Mile Resources Ltd - Cash Flow Conversion Efficiency Trend (2017–2025)
This chart illustrates how Golden Mile Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Golden Mile Resources Ltd (G88) financial obligations for a breakdown of total debt and financial obligations.
Golden Mile Resources Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Golden Mile Resources Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ZIMI Ltd
AU:ZMM
|
-0.423x |
|
Thai Polycons Public Company Limited
BK:TPOLY
|
0.032x |
|
Olivers Real Food Ltd
AU:OLI
|
0.004x |
|
Sanichi Technology Bhd
KLSE:0133
|
0.025x |
|
Traffic Technologies Ltd
AU:TTI
|
0.256x |
|
CPT Global Ltd
AU:CGO
|
-1.430x |
|
AMMPOWER CORP.
F:601A
|
N/A |
|
Obducat AB (publ)
F:OBD
|
-0.321x |
Annual Cash Flow Conversion Efficiency for Golden Mile Resources Ltd (2017–2025)
The table below shows the annual cash flow conversion efficiency of Golden Mile Resources Ltd from 2017 to 2025. For the full company profile with market capitalisation and key ratios, see Golden Mile Resources Ltd (G88) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-06-30 | AU$3.56 Million ≈ $2.52 Million |
AU$-1.80 Million ≈ $-1.28 Million |
-0.507x | -163.02% |
| 2024-06-30 | AU$6.23 Million ≈ $4.41 Million |
AU$-1.20 Million ≈ $-849.98K |
-0.193x | -30.04% |
| 2023-06-30 | AU$6.58 Million ≈ $4.66 Million |
AU$-975.74K ≈ $-690.40K |
-0.148x | +15.50% |
| 2022-06-30 | AU$4.82 Million ≈ $3.41 Million |
AU$-844.48K ≈ $-597.52K |
-0.175x | +38.75% |
| 2021-06-30 | AU$2.73 Million ≈ $1.93 Million |
AU$-782.08K ≈ $-553.37K |
-0.286x | +51.71% |
| 2020-06-30 | AU$1.26 Million ≈ $891.46K |
AU$-746.93K ≈ $-528.50K |
-0.593x | -227.16% |
| 2019-06-30 | AU$4.59 Million ≈ $3.25 Million |
AU$-831.38K ≈ $-588.26K |
-0.181x | +2.15% |
| 2018-06-30 | AU$4.07 Million ≈ $2.88 Million |
AU$-754.31K ≈ $-533.72K |
-0.185x | -172.41% |
| 2017-06-30 | AU$4.66 Million ≈ $3.30 Million |
AU$-316.87K ≈ $-224.21K |
-0.068x | -- |
About Golden Mile Resources Ltd
Golden Mile Resources Limited engages in the acquisition, exploration, and development of mineral properties in Western Australia and the United States. The company explores for gold, nickel, cobalt, copper, base metal, zinc, lithium, molybdenum, bismuth, silver, and lead deposits. Golden Mile Resources Limited was incorporated in 2016 and is based in Melbourne, Australia.