Lode Gold Resources Inc.
Lode Gold Resources Inc., together with its subsidiaries, engages in the acquisition and exploration of mineral resource properties in North America. The company primarily explores for lead, zinc, silver, copper, gold, and cobalt deposits. Its flagship project is the Fremont Gold project located in the Mariposa County, California; and the Dingman Gold project consists of certain mineral claims th… Read more
Lode Gold Resources Inc. (SBMID) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.013x
Based on the latest financial reports, Lode Gold Resources Inc. (SBMID) has a cash flow conversion efficiency ratio of -0.013x 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 ($-293.36K) by net assets ($22.18 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Lode Gold Resources Inc. - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how Lode Gold Resources 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.
Lode Gold Resources Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Lode Gold Resources Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PsyBio Therapeutics Corp
PINK:PSYBF
|
-0.201x |
|
NCR (NIGERIA) PLC
XNSA:NCR
|
N/A |
|
SAFEROADS HLDGS
BE:S4Q
|
N/A |
|
Catalyst Media Group PLC
LSE:CMX
|
-0.002x |
|
JAPFA COMFEED -A-
BE:1JC1
|
N/A |
|
CONS
NSE:CONS
|
N/A |
|
ROCA INDUSTRY HOLDINGROCK1 S.A.
RO:ROC1
|
N/A |
|
Adamjee Life As
KAR:ALIFE
|
N/A |
Annual Cash Flow Conversion Efficiency for Lode Gold Resources Inc. (2020–2023)
The table below shows the annual cash flow conversion efficiency of Lode Gold Resources Inc. from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $21.57 Million | $-809.33K | -0.038x | +44.86% |
| 2022-12-31 | $20.53 Million | $-1.40 Million | -0.068x | +33.97% |
| 2021-12-31 | $21.04 Million | $-2.17 Million | -0.103x | -5.68% |
| 2020-12-31 | $11.27 Million | $-1.10 Million | -0.098x | -- |