Golden Goliath Resources Ltd
Golden Goliath Resources Ltd. engages in the acquisition and exploration of resource properties in Canada and Mexico. The company explores and develops gold and silver properties. It holds a 100% interest in the Wish Ore Property in the townships of Wishat and Palmer, Ontario; and the Ernst rare earth element located in Lack Ernst, Quebec. In addition, the company owns 100% interest in the KWAI p… Read more
Golden Goliath Resources Ltd (GGTHF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of May 2025: -0.138x
Based on the latest financial reports, Golden Goliath Resources Ltd (GGTHF) has a cash flow conversion efficiency ratio of -0.138x as of May 2025.
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 ($-46.59K) by net assets ($337.26K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Golden Goliath Resources Ltd - Cash Flow Conversion Efficiency Trend (2001–2024)
This chart illustrates how Golden Goliath Resources Ltd'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 Goliath Resources Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Golden Goliath Resources Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Innovative Payment Solutions Inc
OTCQB:IPSI
|
0.002x |
|
Alliance Mining Corp
V:ALM
|
0.002x |
|
Visible Gold Mines Inc
PINK:VGMIF
|
-0.519x |
|
Gabriel Resources Ltd
PINK:GBRRF
|
0.080x |
|
Manchester Building Society 6.75% PIBS
LSE:MBSP
|
N/A |
|
MICROSTRATEGY-A
BE:MIGA
|
-0.011x |
|
Birdie Win Corporation
PINK:BRWC
|
0.064x |
|
EVERYBODY LOVES LANGUAGES
F:VB6
|
N/A |
Annual Cash Flow Conversion Efficiency for Golden Goliath Resources Ltd (2001–2024)
The table below shows the annual cash flow conversion efficiency of Golden Goliath Resources Ltd from 2001 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-08-31 | $651.32K | $-535.27K | -0.822x | -1010.16% |
| 2023-08-31 | $3.81 Million | $-281.92K | -0.074x | -14.29% |
| 2022-08-31 | $4.15 Million | $-268.95K | -0.065x | +12.40% |
| 2021-08-31 | $4.47 Million | $-330.28K | -0.074x | +52.51% |
| 2020-08-31 | $4.03 Million | $-627.98K | -0.156x | +72.57% |
| 2019-08-31 | $1.91 Million | $-1.08 Million | -0.568x | -509.47% |
| 2018-08-31 | $1.90 Million | $-176.62K | -0.093x | -20.21% |
| 2017-08-31 | $2.26 Million | $-174.76K | -0.077x | -68.00% |
| 2016-08-31 | $2.59 Million | $-119.41K | -0.046x | -236.93% |
| 2015-08-31 | $3.01 Million | $101.38K | 0.034x | +118.17% |
| 2014-08-31 | $3.59 Million | $-664.93K | -0.185x | -56.80% |
| 2013-08-31 | $7.17 Million | $-847.79K | -0.118x | -12.83% |
| 2012-08-31 | $8.99 Million | $-941.41K | -0.105x | -40.10% |
| 2011-08-31 | $11.85 Million | $-886.05K | -0.075x | -5.63% |
| 2010-08-31 | $10.03 Million | $-710.08K | -0.071x | +19.92% |
| 2009-08-31 | $8.16 Million | $-721.12K | -0.088x | +0.04% |
| 2008-08-31 | $10.30 Million | $-910.58K | -0.088x | -26.27% |
| 2007-08-31 | $10.95 Million | $-766.89K | -0.070x | +38.19% |
| 2006-08-31 | $4.70 Million | $-533.05K | -0.113x | +20.86% |
| 2005-08-31 | $3.42 Million | $-489.87K | -0.143x | -40.20% |
| 2004-08-31 | $4.36 Million | $-445.71K | -0.102x | +42.40% |
| 2003-08-31 | $3.75 Million | $-664.30K | -0.177x | -164.56% |
| 2002-08-31 | $4.31 Million | $-288.82K | -0.067x | +72.96% |
| 2001-08-31 | $3.86 Million | $-956.87K | -0.248x | -- |