West Red Lake Gold Mines Ltd.
West Red Lake Gold Mines Ltd. acquires, explores, evaluates, and develops gold properties in Canada. It holds interests in the Rowan property with 146 claims covering 3,100 hectares located in the Red Lake gold district of Northwestern Ontario, Canada. The company was formerly known as DLV Resources Ltd. and changed its name to West Red Lake Gold Mines Ltd. in December 2022. West Red Lake Gold Mi… Read more
West Red Lake Gold Mines Ltd. (WRLGF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of August 2025: 0.132x
Based on the latest financial reports, West Red Lake Gold Mines Ltd. (WRLGF) has a cash flow conversion efficiency ratio of 0.132x as of August 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 ($11.16 Million) by net assets ($84.64 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
West Red Lake Gold Mines Ltd. - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how West Red Lake Gold Mines Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
West Red Lake Gold Mines Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of West Red Lake Gold Mines Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
United Security Bancshares
NASDAQ:UBFO
|
0.050x |
|
Kelly Partners Group Holdings Limited
OTCQX:KPGHF
|
0.052x |
|
Modiv Inc
NYSE:MDV
|
0.020x |
|
Shanghai Karon Eco-Valve Manufacturing Co. Ltd.
SHE:301151
|
0.168x |
|
FAP Agri Tbk PT
JK:FAPA
|
0.182x |
|
Jiangsu Nanfang Medical
SHG:603880
|
0.048x |
|
China Fangda Group Co Ltd
SHE:200055
|
0.006x |
|
Golden Flower Tbk PT
JK:POLU
|
0.204x |
Annual Cash Flow Conversion Efficiency for West Red Lake Gold Mines Ltd. (2019–2023)
The table below shows the annual cash flow conversion efficiency of West Red Lake Gold Mines Ltd. from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-11-30 | $66.03 Million | $-26.15 Million | -0.396x | -23.28% |
| 2022-11-30 | $1.79 Million | $-574.25K | -0.321x | -3.72% |
| 2021-11-30 | $1.98 Million | $-613.18K | -0.310x | +3.08% |
| 2020-11-30 | $2.16 Million | $-689.29K | -0.319x | -98.77% |
| 2019-11-30 | $2.38 Million | $-383.22K | -0.161x | -- |