ONGRF
ONGold Resources Ltd. operates as a mineral exploration and evaluation company in Ontario, Canada. It explores for gold, silver, and copper deposits. The company was formerly known as 1348515 B.C. Ltd. and changed its name to ONGold Resources Inc. in April 2024. The company was incorporated in 2022 and is headquartered in Toronto, Canada.
ONGRF (ONGRF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -31.129x
Based on the latest financial reports, ONGRF (ONGRF) has a cash flow conversion efficiency ratio of -31.129x as of September 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 ($-2.49 Million) by net assets ($80.05K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
ONGRF - Cash Flow Conversion Efficiency Trend (2023–2024)
This chart illustrates how ONGRF's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
ONGRF Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of ONGRF ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Highcon Systems Ltd
TA:HICN
|
0.358x |
|
SKILW
PINK:SKILW
|
-4.729x |
|
Plantable Health Inc
PINK:PLBLF
|
-1.250x |
|
DIGITAL CHINA
MU:DIN
|
N/A |
|
Arif Habib Ltd
KAR:AHL
|
N/A |
|
ORIENTAL WATCH
BE:OWT
|
N/A |
|
Cirata plc
LSE:CRTA
|
-0.638x |
|
ECGI Holdings Inc
PINK:ECGI
|
0.009x |
Annual Cash Flow Conversion Efficiency for ONGRF (2023–2024)
The table below shows the annual cash flow conversion efficiency of ONGRF from 2023 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $5.23 Million | $-2.59 Million | -0.495x | -132.97% |
| 2023-12-31 | $-200.19K | $-300.38K | 1.500x | -- |