Eastern Goldfields Inc
Eastern Goldfields, Inc., through its subsidiaries, engages in the acquisition, development, exploration, and mining of gold properties. Its mining operations are located primarily in the Barberton Greenstone Belt area of the Mpumalanga Province, South Africa. The company is based in San Diego, California.
Eastern Goldfields Inc (EGDD) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: -0.372x
Based on the latest financial reports, Eastern Goldfields Inc (EGDD) has a cash flow conversion efficiency ratio of -0.372x as of September 2023.
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 ($-262.63K) by net assets ($705.96K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Eastern Goldfields Inc - Cash Flow Conversion Efficiency Trend (2004–2023)
This chart illustrates how Eastern Goldfields 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.
Eastern Goldfields Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Eastern Goldfields Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Geiger Counter Limited
LSE:GCL
|
-0.006x |
|
Amedeo Air Four Plus Limited
LSE:AA4
|
0.270x |
|
Seed Capital Solutions Plc
LSE:SCSP
|
N/A |
|
I-CABLE COMM
MU:IB5A
|
N/A |
|
ReoStar Energy Corp
PINK:REOS
|
0.064x |
|
Pervez Ahmed Securities Ltd
KAR:PASL
|
N/A |
|
Puhui Wealth Investment Management Co. Ltd.
PINK:PHCFF
|
-0.334x |
|
Infinite Group, Inc. Common Stock
NASDAQ:IMCI
|
-0.177x |
Annual Cash Flow Conversion Efficiency for Eastern Goldfields Inc (2004–2023)
The table below shows the annual cash flow conversion efficiency of Eastern Goldfields Inc from 2004 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $705.96K | $-280.32K | -0.397x | -305.54% |
| 2022-12-31 | $-87.83K | $-16.97K | 0.193x | +139.13% |
| 2008-12-31 | $10.24 Million | $-5.05 Million | -0.494x | -16264.46% |
| 2007-12-31 | $13.93 Million | $-42.01K | -0.003x | -103.67% |
| 2006-12-31 | $10.92 Million | $896.31K | 0.082x | +155.47% |
| 2005-12-31 | $9.86 Million | $-1.46 Million | -0.148x | -642.50% |
| 2004-12-31 | $4.08 Million | $-81.37K | -0.020x | -- |