Galantas Gold Corporation
Galantas Gold Corporation engages in the acquisition, exploration, and development of mineral properties. It explores for gold, silver, zinc, copper, and lead deposits. The company owns and operates the Omagh Gold Project, which covers an area of 189 square kilometers located in Northern Ireland. It also has an option agreement to acquire a 100% interest in the Gairloch Project, covering 217 squa… Read more
Galantas Gold Corporation (GALKF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.127x
Based on the latest financial reports, Galantas Gold Corporation (GALKF) has a cash flow conversion efficiency ratio of 0.127x 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 ($1.25 Million) by net assets ($9.84 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Galantas Gold Corporation - Cash Flow Conversion Efficiency Trend (2006–2023)
This chart illustrates how Galantas 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.
Galantas Gold Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Galantas Gold Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Xcel Brands Inc
NASDAQ:XELB
|
-0.057x |
|
Diagnos Laboratorium Utama PT Tbk
JK:DGNS
|
0.008x |
|
Metal Bank Ltd
AU:MBK
|
-0.023x |
|
Ouster, Inc. Warrants
NYSE:OUSTZ
|
-0.074x |
|
Privasia Technology Bhd
KLSE:0123
|
0.057x |
|
Cheetah Net Supply Chain Service Inc. Class A Common Stock
NASDAQ:CTNT
|
-0.059x |
|
Royal Energy Resources Inc
PINK:ROYE
|
-0.029x |
|
0NAS
LSE:0NAS
|
N/A |
Annual Cash Flow Conversion Efficiency for Galantas Gold Corporation (2006–2023)
The table below shows the annual cash flow conversion efficiency of Galantas Gold Corporation from 2006 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $11.36 Million | $-1.30 Million | -0.115x | -1038.20% |
| 2022-12-31 | $14.71 Million | $180.01K | 0.012x | +113.77% |
| 2021-12-31 | $19.39 Million | $-1.72 Million | -0.089x | +32.49% |
| 2020-12-31 | $14.12 Million | $-1.86 Million | -0.132x | -3.73% |
| 2019-12-31 | $14.22 Million | $-1.80 Million | -0.127x | -330.60% |
| 2018-12-31 | $15.84 Million | $-466.63K | -0.029x | +70.76% |
| 2017-12-31 | $8.55 Million | $-861.59K | -0.101x | +41.63% |
| 2016-12-31 | $6.57 Million | $-1.13 Million | -0.173x | -68.41% |
| 2015-12-31 | $7.26 Million | $-744.58K | -0.103x | +55.86% |
| 2014-12-31 | $4.34 Million | $-1.01 Million | -0.232x | -113.90% |
| 2013-12-31 | $7.54 Million | $-818.77K | -0.109x | -274.14% |
| 2012-12-31 | $9.21 Million | $574.48K | 0.062x | -86.01% |
| 2011-12-31 | $7.35 Million | $3.28 Million | 0.446x | +256.13% |
| 2010-12-31 | $9.49 Million | $1.19 Million | 0.125x | +41.27% |
| 2009-12-31 | $5.86 Million | $519.01K | 0.089x | +3076.44% |
| 2008-12-31 | $11.79 Million | $32.87K | 0.003x | -- |
| 2007-12-31 | $15.49 Million | $0.00 | 0.000x | -- |
| 2006-12-31 | $11.52 Million | $0.00 | 0.000x | -- |