Griffin Mining (GFM) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Griffin Mining (GFM) has a cash flow conversion efficiency ratio of 0.088x 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 (GBX24.01 Million ≈ $2.92K USD) by net assets (GBX273.16 Million ≈ $33.24K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See GFM days of operational coverage to measure how many days the company can operate on defensive assets alone.
Griffin Mining - Cash Flow Conversion Efficiency Trend (2005–2024)
This chart illustrates how Griffin Mining's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Griffin Mining Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Griffin Mining ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SUNation Energy Inc.
NASDAQ:SUNE
|
0.110x |
|
SECUREKLOUD TECHNOLOGIES LIMITED
NSE:SECURKLOUD
|
0.303x |
|
JE Cleantech Holdings Ltd
NASDAQ:JCSE
|
0.001x |
|
Raize Servicos de Gestao SA
LS:MLRZE
|
N/A |
|
Multi Ways Holdings Ltd
NYSE MKT:MWG
|
0.214x |
|
CARTIER SILVER CORP
F:2CI0
|
N/A |
|
mTouche Technology Bhd
KLSE:0092
|
-0.178x |
|
Addex Therapeutics Ltd
SW:ADXN
|
-0.130x |
Annual Cash Flow Conversion Efficiency for Griffin Mining (2005–2024)
The table below shows the annual cash flow conversion efficiency of Griffin Mining from 2005 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Griffin Mining.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | GBX272.67 Million ≈ $33.18K |
GBX19.58 Million ≈ $2.38K |
0.072x | -59.96% |
| 2023-12-31 | GBX269.75 Million ≈ $32.82K |
GBX48.38 Million ≈ $5.89K |
0.179x | +179.79% |
| 2022-12-31 | GBX245.47 Million ≈ $29.87K |
GBX15.73 Million ≈ $1.91K |
0.064x | -60.75% |
| 2021-12-31 | GBX262.58 Million ≈ $31.95K |
GBX42.88 Million ≈ $5.22K |
0.163x | +56.43% |
| 2020-12-31 | GBX233.71 Million ≈ $28.44K |
GBX24.40 Million ≈ $2.97K |
0.104x | +3.70% |
| 2019-12-31 | GBX214.94 Million ≈ $26.15K |
GBX21.64 Million ≈ $2.63K |
0.101x | +4.05% |
| 2018-12-31 | GBX211.24 Million ≈ $25.70K |
GBX20.44 Million ≈ $2.49K |
0.097x | -76.09% |
| 2017-12-31 | GBX191.36 Million ≈ $23.28K |
GBX77.44 Million ≈ $9.42K |
0.405x | +164.69% |
| 2016-12-31 | GBX143.27 Million ≈ $17.43K |
GBX21.90 Million ≈ $2.66K |
0.153x | -18.15% |
| 2015-12-31 | GBX139.94 Million ≈ $17.03K |
GBX26.14 Million ≈ $3.18K |
0.187x | +116.64% |
| 2014-12-31 | GBX147.93 Million ≈ $18.00K |
GBX12.75 Million ≈ $1.55K |
0.086x | -54.51% |
| 2013-12-31 | GBX147.73 Million ≈ $17.97K |
GBX28.00 Million ≈ $3.41K |
0.190x | -15.45% |
| 2012-12-31 | GBX143.86 Million ≈ $17.50K |
GBX32.24 Million ≈ $3.92K |
0.224x | -11.05% |
| 2011-12-31 | GBX165.53 Million ≈ $20.14K |
GBX41.71 Million ≈ $5.07K |
0.252x | +115.95% |
| 2010-12-31 | GBX146.22 Million ≈ $17.79K |
GBX17.06 Million ≈ $2.08K |
0.117x | +195.04% |
| 2009-12-31 | GBX137.33 Million ≈ $16.71K |
GBX5.43 Million ≈ $660.82 |
0.040x | -59.12% |
| 2008-12-31 | GBX130.48 Million ≈ $15.88K |
GBX12.62 Million ≈ $1.54K |
0.097x | +29.81% |
| 2007-12-31 | GBX248.16 Million ≈ $30.19K |
GBX18.49 Million ≈ $2.25K |
0.075x | -84.93% |
| 2006-12-31 | GBX64.46 Million ≈ $7.84K |
GBX31.88 Million ≈ $3.88K |
0.495x | +876.72% |
| 2005-12-31 | GBX32.89 Million ≈ $4.00K |
GBX1.67 Million ≈ $202.61 |
0.051x | -- |
About Griffin Mining
Griffin Mining Limited, a mining and investment company, engages in the mining, exploration, and development of mineral properties. The company primarily explores for zinc, gold, silver, lead, and precious metal deposits. Its principal asset is the Caijiaying mine located in Hebei Province, the People's Republic of China. The company was formerly known as European Mining Finance Ltd. and changed … Read more