Golden State Mining Ltd (GSM) - Cash Flow Conversion Efficiency

Latest as of June 2025: -1.834x

Based on the latest financial reports, Golden State Mining Ltd (GSM) has a cash flow conversion efficiency ratio of -1.834x 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$-570.55K ≈ $-403.70K USD) by net assets (AU$311.06K ≈ $220.10K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Golden State Mining Ltd - Cash Flow Conversion Efficiency Trend (2018–2025)

This chart illustrates how Golden State Mining Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read GSM total debt and obligations for a breakdown of total debt and financial obligations.

Golden State Mining Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Golden State Mining Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Mitra International Resources JK:MIRA	0.005x
Brera Holdings PLC Class B Ordinary Shares NASDAQ:BREA	-0.436x
Versus Systems Inc NASDAQ:VS	0.007x
Roolife Group Ltd AU:RLG	-0.550x
Zephyr Minerals Ltd V:ZFR	0.006x
TEN Holdings, Inc. Common Stock NASDAQ:XHLD	-0.241x
Volt Carbon Technologies Inc V:VCT	-0.054x
URU METALS LTD F:NVRA	N/A

Annual Cash Flow Conversion Efficiency for Golden State Mining Ltd (2018–2025)

The table below shows the annual cash flow conversion efficiency of Golden State Mining Ltd from 2018 to 2025. For the full company profile with market capitalisation and key ratios, see market cap of Golden State Mining Ltd.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-06-30	AU$311.06K ≈ $220.10K	AU$-1.17 Million ≈ $-828.42K	-3.764x	-104.58%
2024-06-30	AU$1.51 Million ≈ $1.07 Million	AU$-2.78 Million ≈ $-1.96 Million	-1.840x	-14.22%
2023-06-30	AU$1.66 Million ≈ $1.17 Million	AU$-2.67 Million ≈ $-1.89 Million	-1.611x	-70.26%
2022-06-30	AU$3.54 Million ≈ $2.50 Million	AU$-3.35 Million ≈ $-2.37 Million	-0.946x	-62.48%
2021-06-30	AU$4.01 Million ≈ $2.84 Million	AU$-2.34 Million ≈ $-1.65 Million	-0.582x	+15.72%
2020-06-30	AU$2.11 Million ≈ $1.50 Million	AU$-1.46 Million ≈ $-1.03 Million	-0.691x	-5.31%
2019-06-30	AU$2.39 Million ≈ $1.69 Million	AU$-1.57 Million ≈ $-1.11 Million	-0.656x	+50.95%
2018-06-30	AU$200.73K ≈ $142.03K	AU$-268.46K ≈ $-189.96K	-1.337x	--

About Golden State Mining Ltd

AU:GSM Australia Gold

Market Cap

$5.33 Million

AU$7.54 Million AUD

Market Cap Rank

#28219 Global

#1544 in Australia

Share Price

AU$0.02

Change (1 day)

-5.88%

52-Week Range

AU$0.01 - AU$0.02

All Time High

AU$0.69