Signal Gold Inc.
Signal Gold Inc. operates as a gold development and exploration company in Canada. The company holds a 100% interest in the Goldboro Gold project covering an area of 27, 200 hectares situated to the 175 kilometers northeast of Halifax, Nova Scotia. It also owns a Tilt Cove Gold and copper project that covers an area of approximately 19, 450 hectares located within the Baie Verte Mining District, … Read more
Signal Gold Inc. (SGNLF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.029x
Based on the latest financial reports, Signal Gold Inc. (SGNLF) has a cash flow conversion efficiency ratio of -0.029x 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 ($-722.68K) by net assets ($25.17 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Signal Gold Inc. - Cash Flow Conversion Efficiency Trend (2018–2022)
This chart illustrates how Signal Gold 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.
Signal Gold Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Signal Gold Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kresna Graha Investama Tbk PT
JK:KREN
|
0.008x |
|
Mirza International Limited
NSE:MIRZAINT
|
0.020x |
|
Steakholder Foods Ltd
NASDAQ:STKH
|
-0.342x |
|
Das Technology Co. Ltd.
TWO:6648
|
0.021x |
|
Miivo Holdings Corp.
V:MIVO
|
N/A |
|
Moro Corp
PINK:MRCR
|
-0.051x |
|
Stakeholder Gold Corp
V:SRC
|
-0.016x |
|
DT&C Co. Ltd
KQ:187220
|
0.008x |
Annual Cash Flow Conversion Efficiency for Signal Gold Inc. (2018–2022)
The table below shows the annual cash flow conversion efficiency of Signal Gold Inc. from 2018 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $66.20 Million | $3.95 Million | 0.060x | -5.69% |
| 2021-12-31 | $70.87 Million | $4.49 Million | 0.063x | -70.85% |
| 2020-12-31 | $64.84 Million | $14.09 Million | 0.217x | +140.18% |
| 2019-12-31 | $48.33 Million | $4.37 Million | 0.090x | -56.20% |
| 2018-12-31 | $43.06 Million | $8.89 Million | 0.207x | -- |