Global Gold Corporation
Global Gold Corporation engages in the exploration, development, and mining of gold, silver, and other minerals in Armenia and Chile. The company holds an interest in The Toukhmanuk Property, located in the north central Armenian belt, covering an area of 53.76 square kilometers, as well as 100% interest in the Marjan property located in southwestern Armenia, covering an area of 19.6 square kilom… Read more
Global Gold Corporation (GBGD) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2017: 0.005x
Based on the latest financial reports, Global Gold Corporation (GBGD) has a cash flow conversion efficiency ratio of 0.005x as of June 2017.
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 ($-86.35K) by net assets ($-18.36 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Global Gold Corporation - Cash Flow Conversion Efficiency Trend (2001–2023)
This chart illustrates how Global 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.
Global Gold Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Global Gold Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Subgen AI
ST:SUBGEN
|
N/A |
|
First Priority Tax Solutions Inc
PINK:FRFR
|
0.071x |
|
MediaZest plc
LSE:MDZ
|
0.255x |
|
Dewan Farooque Spinning Mills Ltd
KAR:DFSM
|
N/A |
|
Seraphim Space Investment Trust PLC
LSE:SSIT
|
-0.006x |
|
DDMP REIT Inc
PSE:DDMPR
|
0.013x |
|
Middlefield Canadian Income PCC - Middlefield Canadian Income - GBP PC
LSE:MCT
|
0.005x |
|
Trojan Gold Inc.
F:KC1
|
N/A |
Annual Cash Flow Conversion Efficiency for Global Gold Corporation (2001–2023)
The table below shows the annual cash flow conversion efficiency of Global Gold Corporation from 2001 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-23.24 Million | $-753.89K | 0.032x | +42.94% |
| 2022-12-31 | $-21.16 Million | $-480.16K | 0.023x | -28.55% |
| 2021-12-31 | $-20.00 Million | $-635.04K | 0.032x | -24.93% |
| 2016-12-31 | $-17.26 Million | $-730.14K | 0.042x | +5.86% |
| 2015-12-31 | $-14.86 Million | $-593.76K | 0.040x | -64.83% |
| 2014-12-31 | $-11.38 Million | $-1.29 Million | 0.114x | +6.23% |
| 2013-12-31 | $-7.38 Million | $-789.62K | 0.107x | -62.66% |
| 2012-12-31 | $-4.92 Million | $-1.41 Million | 0.286x | -55.81% |
| 2011-12-31 | $-7.14 Million | $-4.63 Million | 0.648x | -78.48% |
| 2010-12-31 | $-836.32K | $-2.52 Million | 3.013x | +909.07% |
| 2009-12-31 | $-2.46 Million | $-734.35K | 0.299x | +111.01% |
| 2008-12-31 | $1.94 Million | $-5.26 Million | -2.712x | -179.46% |
| 2007-12-31 | $8.03 Million | $-7.79 Million | -0.970x | -135.54% |
| 2006-12-31 | $13.82 Million | $-5.69 Million | -0.412x | +41.17% |
| 2005-12-31 | $2.42 Million | $-1.69 Million | -0.700x | -134.41% |
| 2004-12-31 | $1.46 Million | $-435.63K | -0.299x | +81.40% |
| 2003-12-31 | $261.95K | $-420.79K | -1.606x | -1272.46% |
| 2001-12-31 | $-29.05K | $-3.98K | 0.137x | -- |