Golden Ridge Resources Ltd
Golden Ridge Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, silver, copper, lead, zinc deposits. It holds 100% interest in the Hank Project consists of 4 claims covering an area of 1,700 hectares located in the Golden Triangle district of British Colombia; and100% interest in the Williams Gold Prope… Read more
Golden Ridge Resources Ltd (GORIF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2025: -0.028x
Based on the latest financial reports, Golden Ridge Resources Ltd (GORIF) has a cash flow conversion efficiency ratio of -0.028x as of March 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 ($-164.22K) by net assets ($5.85 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Golden Ridge Resources Ltd - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Golden Ridge 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 Ridge Resources Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Golden Ridge Resources Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mittal Life Style Limited
NSE:MITTAL
|
0.102x |
|
Australian Vanadium Limited
PINK:ATVVF
|
-0.040x |
|
Luxbright AB
ST:LXB
|
-0.321x |
|
X-Terra Resources Inc
PINK:XTRRF
|
-0.015x |
|
Encres Dubuit SA
PA:ALDUB
|
0.056x |
|
PT Chemstar Indonesia Tbk
JK:CHEM
|
-0.017x |
|
Pathfinder Ventures Inc
OTCQB:RVRVF
|
0.233x |
|
Botala Energy Ltd
AU:BTE
|
-0.018x |
Annual Cash Flow Conversion Efficiency for Golden Ridge Resources Ltd (2011–2024)
The table below shows the annual cash flow conversion efficiency of Golden Ridge Resources Ltd from 2011 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | $5.72 Million | $-293.88K | -0.051x | +20.91% |
| 2023-06-30 | $6.18 Million | $-401.52K | -0.065x | -573.96% |
| 2022-06-30 | $8.38 Million | $114.77K | 0.014x | +114.07% |
| 2021-06-30 | $7.74 Million | $-754.37K | -0.097x | -320.76% |
| 2020-06-30 | $8.59 Million | $-198.84K | -0.023x | +73.29% |
| 2019-06-30 | $8.97 Million | $-777.32K | -0.087x | +63.68% |
| 2018-06-30 | $5.45 Million | $-1.30 Million | -0.239x | +86.09% |
| 2017-06-30 | $199.38K | $-341.89K | -1.715x | -221.03% |
| 2016-06-30 | $-123.06K | $-174.35K | 1.417x | +163.83% |
| 2015-06-30 | $175.03K | $-388.52K | -2.220x | +30.40% |
| 2014-06-30 | $70.16K | $-223.73K | -3.189x | -270.97% |
| 2013-06-30 | $297.10K | $-255.41K | -0.860x | -200.43% |
| 2012-06-30 | $383.27K | $-109.67K | -0.286x | -112.51% |
| 2011-06-30 | $957.15K | $-128.88K | -0.135x | -- |