Golden Shield Resources Inc
Golden Shield Resources Inc. engages in the acquisition, exploration, and development, and evaluation of mineral properties in Guyana. It primarily explores for gold, base, and precious metals. The company's 100% owned flagship project is the Marudi Mountain Project that covers an area of 5,457 hectares located in southwestern Guyana. Golden Shield Resources Inc. is headquartered in Vancouver, Ca… Read more
Golden Shield Resources Inc (GSRFF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of January 2025: -0.304x
Based on the latest financial reports, Golden Shield Resources Inc (GSRFF) has a cash flow conversion efficiency ratio of -0.304x as of January 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 ($-311.85K) by net assets ($1.03 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Golden Shield Resources Inc - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Golden Shield 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 Shield Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Golden Shield Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CEOTRONICS - Dusseldorf Stock Exchang
DU:CEK
|
N/A |
|
Silver Spike Investment Corp
NASDAQ:SSIC
|
0.029x |
|
Grosvenor CPC I Inc.
V:GRVA-P
|
-0.013x |
|
SALLY BEAUTY (S7V.SG)
STU:S7V
|
0.083x |
|
Wealth Invest HP Invest Lange DK Obl KL
CO:WEIHPILDKOBLKL
|
N/A |
|
Bexil Investment Trust
PINK:BXSY
|
N/A |
|
Saxon Capital Group Inc
PINK:SCGX
|
-0.243x |
|
Hanna Capital Corp
F:04U1
|
-0.051x |
Annual Cash Flow Conversion Efficiency for Golden Shield Resources Inc (2018–2024)
The table below shows the annual cash flow conversion efficiency of Golden Shield Resources Inc from 2018 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-07-31 | $1.53 Million | $-3.30 Million | -2.150x | -107.80% |
| 2023-07-31 | $5.75 Million | $-5.95 Million | -1.035x | -37.81% |
| 2022-07-31 | $8.22 Million | $-6.17 Million | -0.751x | -125.72% |
| 2021-07-31 | $490.37K | $-163.12K | -0.333x | -70.82% |
| 2020-07-31 | $559.25K | $-108.91K | -0.195x | -2710.39% |
| 2019-07-31 | $672.07K | $-4.66K | -0.007x | +86.22% |
| 2018-07-31 | $198.82K | $-10.00K | -0.050x | -- |