ARGO GOLD INC. (P3U) - Cash Flow Conversion Efficiency
Based on the latest financial reports, ARGO GOLD INC. (P3U) has a cash flow conversion efficiency ratio of 0.038x as of September 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 (€53.99K ≈ $63.12K USD) by net assets (€1.42 Million ≈ $1.66 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 ARGO GOLD INC. (P3U) net asset quality to measure how much of total assets are equity-financed.
ARGO GOLD INC. - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how ARGO GOLD INC.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check P3U cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
ARGO GOLD INC. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of ARGO GOLD INC. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Timah Resources Ltd
AU:TML
|
0.007x |
|
Colabor Group Inc.
TO:GCL
|
0.101x |
|
Universal Biosensors Inc
AU:UBI
|
-0.301x |
|
MacDonald Mines Exploration Ltd
V:BMK
|
-0.004x |
|
OFAL
NASDAQ:OFAL
|
-0.007x |
|
STL Global Limited
NSE:SGL
|
-0.005x |
|
Baosheng Media Group Holdings Ltd
NASDAQ:BAOS
|
-0.522x |
|
UMT United Mobility Technology AG
XETRA:UMD
|
0.141x |
Annual Cash Flow Conversion Efficiency for ARGO GOLD INC. (2021–2024)
The table below shows the annual cash flow conversion efficiency of ARGO GOLD INC. from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see ARGO GOLD INC. market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €1.47 Million ≈ $1.72 Million |
€952.43K ≈ $1.11 Million |
0.647x | +402.95% |
| 2023-12-31 | €949.13K ≈ $1.11 Million |
€122.01K ≈ $142.65K |
0.129x | +109.77% |
| 2022-12-31 | €613.73K ≈ $717.51K |
€-807.70K ≈ $-944.28K |
-1.316x | -36.92% |
| 2021-12-31 | €2.06 Million ≈ $2.41 Million |
€-1.98 Million ≈ $-2.32 Million |
-0.961x | -- |
About ARGO GOLD INC.
Argo Gold Inc. engages in the acquisition, exploration, development, and production of mineral properties in Canada. It primarily explores for gold, silver, nickel, copper, platinum group metals, cobalt, lead, zinc, and uranium deposits. The company has a mineral exploration permit for the Uchi Gold Project located 90 kilometres east of Red Lake, Ontario. The company was formerly known as Arbitra… Read more