Golden Band Resources Inc
Golden Band Resources Inc. explores, develops, and extracts gold ores in Canada. Its portfolio consists of 13 gold deposits and 5 former producing mines covering an area of approximately 870 square kilometers located in Star Lake, Decade, Komis, and Jolu. Golden Band Resources Inc. was incorporated in 1983 and is based in Saskatoon, Canada.
Golden Band Resources Inc (GBRIF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of January 2016: 0.001x
Based on the latest financial reports, Golden Band Resources Inc (GBRIF) has a cash flow conversion efficiency ratio of 0.001x as of January 2016.
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 ($-127.09K) by net assets ($-106.44 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Golden Band Resources Inc - Cash Flow Conversion Efficiency Trend (2001–2015)
This chart illustrates how Golden Band 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.
Golden Band Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Golden Band Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Opus Magnum Ameris Inc
PINK:OPUS
|
0.043x |
|
AimRite Holdings Corp
PINK:AIMH
|
0.008x |
|
Morgan & Co Made In Zimbabwe Exchange Traded Fund
XZIM:MIZ
|
N/A |
|
Triumph Oil & Gas Corp
PINK:TROG
|
N/A |
|
American Silver Mining Co
PINK:ASLM
|
N/A |
|
Northamerican Energy Group Corporation
PINK:NNYR
|
0.547x |
|
Infinite Networks Corporation
PINK:INNX
|
4.960x |
|
Now Corp
PINK:NWPN
|
0.022x |
Annual Cash Flow Conversion Efficiency for Golden Band Resources Inc (2001–2015)
The table below shows the annual cash flow conversion efficiency of Golden Band Resources Inc from 2001 to 2015.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2015-04-30 | $-100.87 Million | $-2.11 Million | 0.021x | -93.19% |
| 2014-04-30 | $-72.59 Million | $-22.37 Million | 0.308x | +404.33% |
| 2013-04-30 | $34.97 Million | $2.14 Million | 0.061x | -88.65% |
| 2012-04-30 | $61.71 Million | $33.22 Million | 0.538x | +982.15% |
| 2011-04-30 | $67.31 Million | $-4.11 Million | -0.061x | -1.50% |
| 2010-04-30 | $40.90 Million | $-2.46 Million | -0.060x | +36.66% |
| 2009-04-30 | $27.08 Million | $-2.57 Million | -0.095x | -193.46% |
| 2008-04-30 | $29.00 Million | $-937.92K | -0.032x | -26.37% |
| 2007-04-30 | $22.31 Million | $-571.00K | -0.026x | +37.65% |
| 2006-04-30 | $15.13 Million | $-621.13K | -0.041x | -4.16% |
| 2005-04-30 | $10.19 Million | $-401.76K | -0.039x | +28.91% |
| 2004-04-30 | $6.79 Million | $-376.27K | -0.055x | +34.02% |
| 2003-04-30 | $4.77 Million | $-400.87K | -0.084x | -65.70% |
| 2002-04-30 | $1.15 Million | $-58.45K | -0.051x | -170.46% |
| 2001-04-30 | $1.10 Million | $-20.58K | -0.019x | -- |