Gold79 Mines Ltd
West Point Gold Corp., an exploration stage junior mining company, engages in the identification, acquisition, evaluation, and exploration of mineral properties in North America. The company primarily explores for gold, silver, precious metals, and base metals. It holds 100% interest in the Tip Top project located in Esmeralda County, Nevada. The company was formerly known as Gold79 Mines Ltd. an… Read more
Gold79 Mines Ltd (AUSVF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.004x
Based on the latest financial reports, Gold79 Mines Ltd (AUSVF) has a cash flow conversion efficiency ratio of -0.004x as of September 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 ($-22.85K) by net assets ($5.18 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Gold79 Mines Ltd - Cash Flow Conversion Efficiency Trend (2013–2023)
This chart illustrates how Gold79 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.
Gold79 Mines Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gold79 Mines Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
LACHLAN STAR
F:GY6
|
N/A |
|
Imperial Equities Inc.
V:IEI
|
0.027x |
|
Securemetric Berhad
KLSE:0203
|
0.083x |
|
NightFood Holdings Inc
OTCQB:NGTF
|
0.014x |
|
GMV Minerals Inc
OTCQB:GMVMF
|
-0.023x |
|
Aman Agrindo
JK:GULA
|
-0.080x |
|
Theriva Biologics Inc.
NYSE MKT:TOVX
|
-0.641x |
|
Ecomiam SA
PA:ALECO
|
-0.357x |
Annual Cash Flow Conversion Efficiency for Gold79 Mines Ltd (2013–2023)
The table below shows the annual cash flow conversion efficiency of Gold79 Mines Ltd from 2013 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $4.88 Million | $-270.23K | -0.055x | +56.18% |
| 2022-12-31 | $4.92 Million | $-621.76K | -0.126x | +33.59% |
| 2021-12-31 | $4.67 Million | $-888.78K | -0.190x | +34.17% |
| 2020-12-31 | $2.45 Million | $-708.00K | -0.289x | -135.64% |
| 2019-12-31 | $-154.55K | $-125.43K | 0.812x | -30.51% |
| 2018-12-31 | $-151.19K | $-176.58K | 1.168x | -98.05% |
| 2017-12-31 | $-6.10K | $-366.22K | 60.017x | +18619.93% |
| 2016-12-31 | $-156.89K | $-50.30K | 0.321x | -89.28% |
| 2015-12-31 | $-76.22K | $-227.90K | 2.990x | +226.73% |
| 2014-12-31 | $116.00K | $-273.67K | -2.359x | -263.90% |
| 2013-12-31 | $667.32K | $960.52K | 1.439x | -- |