Theta Gold Mines Ltd (TGM) - Cash Flow Conversion Efficiency

Latest as of December 2025: -0.181x

Based on the latest financial reports, Theta Gold Mines Ltd (TGM) has a cash flow conversion efficiency ratio of -0.181x as of December 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$-3.53 Million ≈ $-2.50 Million USD) by net assets (AU$19.50 Million ≈ $13.80 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 TGM net asset quality score to measure how much of total assets are equity-financed.

Theta Gold Mines Ltd - Cash Flow Conversion Efficiency Trend (2011–2025)

This chart illustrates how Theta Gold Mines Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check TGM operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

Theta Gold Mines Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Theta Gold Mines Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Jyong Biotech Ltd. Ordinary Shares NASDAQ:MENS	0.041x
Assertio Therapeutics Inc NASDAQ:ASRT	0.113x
Sunty Development Co Ltd TW:3266	-0.061x
Kumho Electric KO:001210	0.274x
QuantumSi Inc NASDAQ:QSI	-0.128x
Leclanche SA SW:LECN	0.518x
USBC, Inc. NYSE MKT:USBC	-0.057x
Dune Acquisition Corporation II Class A Ordinary Shares NASDAQ:IPOD	0.000x

Annual Cash Flow Conversion Efficiency for Theta Gold Mines Ltd (2011–2025)

The table below shows the annual cash flow conversion efficiency of Theta Gold Mines Ltd from 2011 to 2025. For the full company profile with market capitalisation and key ratios, see TGM market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-06-30	AU$5.15 Million ≈ $3.65 Million	AU$-2.48 Million ≈ $-1.75 Million	-0.481x	-122.89%
2024-06-30	AU$-2.12 Million ≈ $-1.50 Million	AU$-4.45 Million ≈ $-3.15 Million	2.100x	-47.88%
2023-06-30	AU$-1.03 Million ≈ $-731.32K	AU$-4.16 Million ≈ $-2.95 Million	4.029x	+537.97%
2022-06-30	AU$7.01 Million ≈ $4.96 Million	AU$-6.44 Million ≈ $-4.56 Million	-0.920x	-97.88%
2021-06-30	AU$8.69 Million ≈ $6.15 Million	AU$-4.04 Million ≈ $-2.86 Million	-0.465x	+51.52%
2020-06-30	AU$4.12 Million ≈ $2.92 Million	AU$-3.95 Million ≈ $-2.80 Million	-0.959x	-93.96%
2019-06-30	AU$5.77 Million ≈ $4.09 Million	AU$-2.85 Million ≈ $-2.02 Million	-0.494x	+58.48%
2018-06-30	AU$2.00 Million ≈ $1.42 Million	AU$-2.38 Million ≈ $-1.69 Million	-1.191x	+79.09%
2017-06-30	AU$479.02K ≈ $338.94K	AU$-2.73 Million ≈ $-1.93 Million	-5.694x	-108.68%
2016-06-30	AU$-59.02K ≈ $-41.76K	AU$-3.87 Million ≈ $-2.74 Million	65.609x	+430.83%
2015-06-30	AU$-469.77K ≈ $-332.39K	AU$-5.81 Million ≈ $-4.11 Million	12.360x	+849.80%
2014-06-30	AU$7.31 Million ≈ $5.17 Million	AU$-12.05 Million ≈ $-8.53 Million	-1.648x	-204.26%
2013-06-30	AU$11.80 Million ≈ $8.35 Million	AU$-6.40 Million ≈ $-4.52 Million	-0.542x	-18.87%
2012-06-30	AU$2.00 Million ≈ $1.42 Million	AU$-913.11K ≈ $-646.08K	-0.456x	-60.44%
2011-06-30	AU$3.67 Million ≈ $2.60 Million	AU$-1.04 Million ≈ $-737.27K	-0.284x	--

About Theta Gold Mines Ltd

AU:TGM Australia Gold

Market Cap

$151.42 Million

AU$214.00 Million AUD

Market Cap Rank

#17610 Global

#512 in Australia

Share Price

AU$0.19

Change (1 day)

+2.78%

52-Week Range

AU$0.16 - AU$0.27

All Time High

AU$0.40