WESTWARD GOLD INC. (IM50) - Cash Flow Conversion Efficiency
Based on the latest financial reports, WESTWARD GOLD INC. (IM50) has a cash flow conversion efficiency ratio of -0.012x 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 (€-218.35K ≈ $-255.28K USD) by net assets (€18.18 Million ≈ $21.26 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 IM50 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WESTWARD GOLD INC. - Cash Flow Conversion Efficiency Trend (2022–2025)
This chart illustrates how WESTWARD GOLD INC.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
WESTWARD GOLD INC. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of WESTWARD GOLD INC. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Digital Graphics Incorporation
KQ:043360
|
0.001x |
|
KAP AG
F:IUR
|
0.002x |
|
The Navakij Insurance Public Company Limited
BK:NKI
|
0.057x |
|
Turbo Mech Bhd
KLSE:5167
|
0.038x |
|
Marwynn Holdings, Inc. Common stock
NASDAQ:MWYN
|
-0.332x |
|
Starbreeze AB (publ)
ST:STAR-B
|
-0.015x |
|
Vinpai SAS
PA:ALVIN
|
3.105x |
|
Securemetric Berhad
KLSE:0203
|
0.083x |
Annual Cash Flow Conversion Efficiency for WESTWARD GOLD INC. (2022–2025)
The table below shows the annual cash flow conversion efficiency of WESTWARD GOLD INC. from 2022 to 2025. For the full company profile with market capitalisation and key ratios, see WESTWARD GOLD INC. stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | €10.09 Million ≈ $11.79 Million |
€-1.46 Million ≈ $-1.71 Million |
-0.145x | -56.10% |
| 2024-03-31 | €8.56 Million ≈ $10.01 Million |
€-793.95K ≈ $-928.21K |
-0.093x | +35.54% |
| 2023-03-31 | €7.92 Million ≈ $9.26 Million |
€-1.14 Million ≈ $-1.33 Million |
-0.144x | +9.44% |
| 2022-03-31 | €7.58 Million ≈ $8.86 Million |
€-1.20 Million ≈ $-1.41 Million |
-0.159x | -- |
About WESTWARD GOLD INC.
Westward Gold Inc., a mineral exploration company, engages in the acquisition, exploration, evaluation, and development of mineral resource properties in the United States. The company's flagship property comprises 100% owned the Toiyabe Gold project consists of 165 unpatented mining claims covering an area of approximately 1,340 hectares located in Lander County, Nevada. The company was formerly… Read more