Gander Gold Corporation
Gander Gold Corporation engages in the acquisition, exploration, and development of mineral properties in Canada. The company has eight gold-focused projects covering 2,259 square kilometers in Newfoundland. It has option agreement to acquire a 100% interest in the Gander North project, the Gander South project, the Little River project, the Hermitage project, the Carmanville project, the Cape Ra… Read more
Gander Gold Corporation (GANDD) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.156x
Based on the latest financial reports, Gander Gold Corporation (GANDD) has a cash flow conversion efficiency ratio of 0.156x 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 ($204.94K) by net assets ($1.32 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Gander Gold Corporation - Cash Flow Conversion Efficiency Trend (2022–2024)
This chart illustrates how Gander Gold Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Gander Gold Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gander Gold Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SNG
WAR:SNG
|
-0.021x |
|
KENYA POWER & LIGHTING LTD
XNAI:KPLC
|
N/A |
|
GAM HLDG N (GAD.SG)
STU:GAD
|
-0.191x |
|
Israel Acquisitions Corp Warrant
NASDAQ:ISRLW
|
0.011x |
|
ZAHIDJEE Textile Mills Ltd
KAR:ZAHID
|
N/A |
|
Safe Mix Concrete Ltd
KAR:SMCPL
|
N/A |
|
Big Bird Foods Ltd.
KAR:BBFL
|
N/A |
|
TMC CONTENT GROUP
BE:ERO1
|
N/A |
Annual Cash Flow Conversion Efficiency for Gander Gold Corporation (2022–2024)
The table below shows the annual cash flow conversion efficiency of Gander Gold Corporation from 2022 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | $1.32 Million | $-544.57K | -0.413x | -381.11% |
| 2023-06-30 | $11.33 Million | $-973.46K | -0.086x | +12.86% |
| 2022-06-30 | $8.76 Million | $-863.97K | -0.099x | -- |