SHORE GOLD
SHORE GOLD operates in Diversified Metals & Mining.
SHORE GOLD (GOC) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.361x
Based on the latest financial reports, SHORE GOLD (GOC) has a cash flow conversion efficiency ratio of -0.361x as of June 2024.
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 (€-2.78 Million) by net assets (€7.71 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
SHORE GOLD - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how SHORE GOLD 's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
SHORE GOLD Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of SHORE GOLD ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nostra Terra Oil and Gas Company PLC
LSE:NTOG
|
0.205x |
|
RA International Group
LSE:RAI
|
-0.259x |
|
Vantage Equities Inc
PSE:V
|
-0.040x |
|
Zim Corp
PINK:ZIMCF
|
-0.022x |
|
First Seismic Corp
PINK:FSEI
|
0.111x |
|
VIFRANA
RO:BIOW
|
N/A |
|
First Capital Equites Limited
KAR:FCEL
|
N/A |
|
Fortran Corp
PINK:FRTN
|
-0.065x |
Annual Cash Flow Conversion Efficiency for SHORE GOLD (2016–2023)
The table below shows the annual cash flow conversion efficiency of SHORE GOLD from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €181.00K | €-2.27 Million | -12.536x | -496.26% |
| 2022-12-31 | €2.35 Million | €-4.95 Million | -2.102x | -2459.84% |
| 2021-12-31 | €65.21 Million | €-5.36 Million | -0.082x | -20.76% |
| 2020-12-31 | €70.40 Million | €-4.79 Million | -0.068x | -88.74% |
| 2019-12-31 | €73.82 Million | €-2.66 Million | -0.036x | +17.41% |
| 2018-12-31 | €68.78 Million | €-3.00 Million | -0.044x | +16.24% |
| 2017-12-31 | €69.99 Million | €-3.65 Million | -0.052x | +95.83% |
| 2016-12-31 | €3.62 Million | €-4.52 Million | -1.249x | -- |