SIXTY NORTH GOLD MIN.LTD. (2F40) - Cash Flow Conversion Efficiency
Based on the latest financial reports, SIXTY NORTH GOLD MIN.LTD. (2F40) has a cash flow conversion efficiency ratio of -0.020x as of January 2026. 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 (€-254.31K ≈ $-297.32K USD) by net assets (€12.99 Million ≈ $15.19 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 SIXTY NORTH GOLD MIN.LTD. (2F40) balance sheet quality index to measure how much of total assets are equity-financed.
SIXTY NORTH GOLD MIN.LTD. - Cash Flow Conversion Efficiency Trend (2021–2025)
This chart illustrates how SIXTY NORTH GOLD MIN.LTD.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 2F40 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
SIXTY NORTH GOLD MIN.LTD. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of SIXTY NORTH GOLD MIN.LTD. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Art Nirman Limited
NSE:ARTNIRMAN
|
0.004x |
|
Associate Global Partners Ltd
AU:APL
|
0.084x |
|
Karnalyte Resources Inc.
TO:KRN
|
-0.024x |
|
Mode Tour Real Estate Investment Trust Inc
KO:204210
|
0.024x |
|
Genetic Signatures Ltd
AU:GSS
|
-0.008x |
|
First Lithium Ltd
AU:FL1
|
-0.118x |
|
Iconovo
ST:ICO
|
-0.035x |
|
Hancom MDS Inc
KQ:086960
|
0.040x |
Annual Cash Flow Conversion Efficiency for SIXTY NORTH GOLD MIN.LTD. (2021–2025)
The table below shows the annual cash flow conversion efficiency of SIXTY NORTH GOLD MIN.LTD. from 2021 to 2025. For the full company profile with market capitalisation and key ratios, see 2F40 company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-10-31 | €9.18 Million ≈ $10.73 Million |
€-270.37K ≈ $-316.09K |
-0.029x | -378.78% |
| 2024-10-31 | €8.59 Million ≈ $10.04 Million |
€90.73K ≈ $106.07K |
0.011x | +115.29% |
| 2023-10-31 | €7.83 Million ≈ $9.16 Million |
€-541.52K ≈ $-633.09K |
-0.069x | -131.56% |
| 2022-10-31 | €8.19 Million ≈ $9.57 Million |
€-244.37K ≈ $-285.70K |
-0.030x | +64.10% |
| 2021-10-31 | €6.26 Million ≈ $7.32 Million |
€-520.88K ≈ $-608.96K |
-0.083x | -- |
About SIXTY NORTH GOLD MIN.LTD.
Sixty North Gold Mining Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold. The company's flagship project holds 100% interest in the Mon Property that includes 13 contiguous mining leases and 1 mineral claim comprising an area of approximately 1,536.92 acres located in Yellowknife, the Northwest Territories. The company w… Read more