Golden Lake Exploration Inc
Golden Lake Exploration Inc., a junior mining exploration company, engages in the acquisition, exploration, and development of mineral property assets in the United States. The company primarily explores for gold deposits. Its flagship project is the Jewel Ridge project located in Eureka County, Nevada. The company was incorporated in 2018 and is based in Vancouver, Canada.
Golden Lake Exploration Inc (GOLXF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of August 2025: 0.002x
Based on the latest financial reports, Golden Lake Exploration Inc (GOLXF) has a cash flow conversion efficiency ratio of 0.002x 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 ($16.81K) by net assets ($10.51 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Golden Lake Exploration Inc - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Golden Lake Exploration Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Golden Lake Exploration Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Golden Lake Exploration Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Park & Bellheimer AG
F:PKB
|
0.143x |
|
Menteng Heritage Realty Tbk PT
JK:HRME
|
-0.006x |
|
AIR PROD.&CHEMICALS
MU:AP3
|
0.076x |
|
OSI SYSTEMS
MU:OS2
|
-0.047x |
|
Khee San Bhd
KLSE:6203
|
-0.051x |
|
Majuperak Holdings Bhd
KLSE:8141
|
-0.045x |
|
Canlan Ice Sports Corp
PINK:CNLFF
|
0.085x |
|
Bounty Oil & Gas NL
PINK:BYOGF
|
-0.011x |
Annual Cash Flow Conversion Efficiency for Golden Lake Exploration Inc (2018–2024)
The table below shows the annual cash flow conversion efficiency of Golden Lake Exploration Inc from 2018 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-11-30 | $10.77 Million | $-607.85K | -0.056x | +1.61% |
| 2023-11-30 | $9.79 Million | $-561.86K | -0.057x | +8.42% |
| 2022-11-30 | $10.86 Million | $-680.15K | -0.063x | +17.64% |
| 2021-11-30 | $12.14 Million | $-923.68K | -0.076x | +79.28% |
| 2020-11-30 | $2.31 Million | $-847.23K | -0.367x | +98.39% |
| 2019-11-30 | $12.48K | $-284.86K | -22.818x | -2804.99% |
| 2018-11-30 | $164.50K | $-129.21K | -0.785x | -- |