Golden Horse Minerals Ltd (GHM) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Golden Horse Minerals Ltd (GHM) has a cash flow conversion efficiency ratio of -0.025x 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$-967.59K) by net assets (AU$38.72 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Golden Horse Minerals Ltd - Cash Flow Conversion Efficiency Trend (2010–2023)
This chart illustrates how Golden Horse Minerals Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Golden Horse Minerals Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Golden Horse Minerals Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Allegiant Gold Ltd
V:AUAU
|
-0.013x |
|
RMS Mezzanine A.S.
PR:PVT
|
N/A |
|
Pinetree Capital Ltd
TO:PNP
|
-0.054x |
|
Onxeo SA
F:C4X
|
0.552x |
|
Kuangli Photoelectric Technology Co Ltd
TW:6431
|
-0.166x |
|
Snet systems Inc
KQ:038680
|
0.093x |
|
Atari S.A.
PA:ALATA
|
0.324x |
|
Pro Inside Public Company Limited
BK:PIS
|
-0.196x |
Annual Cash Flow Conversion Efficiency for Golden Horse Minerals Ltd (2010–2023)
The table below shows the annual cash flow conversion efficiency of Golden Horse Minerals Ltd from 2010 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | AU$8.44 Million | AU$236.59K | 0.028x | +119.71% |
| 2022-12-31 | AU$3.03 Million | AU$-430.49K | -0.142x | +45.96% |
| 2021-12-31 | AU$2.88 Million | AU$-757.82K | -0.263x | +31.60% |
| 2020-12-31 | AU$2.54 Million | AU$-977.52K | -0.385x | -643.09% |
| 2019-12-31 | AU$-1.09 Million | AU$-76.87K | 0.071x | +131.91% |
| 2018-12-31 | AU$-1.18 Million | AU$-35.96K | 0.031x | +23.19% |
| 2017-12-31 | AU$-1.03 Million | AU$-25.57K | 0.025x | -75.24% |
| 2016-12-31 | AU$-919.35K | AU$-92.08K | 0.100x | +138.14% |
| 2015-12-31 | AU$1.11 Million | AU$-291.91K | -0.263x | -687.78% |
| 2014-12-31 | AU$7.57 Million | AU$-252.24K | -0.033x | +16.57% |
| 2013-12-31 | AU$6.16 Million | AU$-246.16K | -0.040x | +65.16% |
| 2012-12-31 | AU$8.60 Million | AU$-986.74K | -0.115x | -44.25% |
| 2011-12-31 | AU$8.42 Million | AU$-669.30K | -0.080x | -15.07% |
| 2010-12-31 | AU$9.37 Million | AU$-647.13K | -0.069x | -- |
About Golden Horse Minerals Ltd
Golden Horse Minerals Limited operates as a gold exploration company that is engaged in the acquisition, exploration, and development of mineral projects in Western Australia. It primarily explores for gold, nickel, and lithium exploration. The company's principal project is the Southern Cross North project covering an area of approximately 930 square kilometers located in Perth, Western Australi… Read more