Gryphon Gold Corporation
Gryphon Gold Corporation engages in the acquisition, exploration, and development of gold properties primarily in Nevada, the United States. The company, through its wholly owned subsidiary, Borealis Mining Company, principally holds interest in the Borealis gold project that comprises 751 unpatented mining claims with an area of approximately 15,020 acres and 1 unpatented millsite claim with an … Read more
Gryphon Gold Corporation (GYPHQ) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2012: -0.130x
Based on the latest financial reports, Gryphon Gold Corporation (GYPHQ) has a cash flow conversion efficiency ratio of -0.130x as of December 2012.
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 ($-1.08 Million) by net assets ($8.28 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Gryphon Gold Corporation - Cash Flow Conversion Efficiency Trend (2004–2012)
This chart illustrates how Gryphon 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.
Gryphon Gold Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gryphon Gold Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Farm Lands of Africa Inc
PINK:FLAF
|
-0.053x |
|
Bravada Intl Ltd
PINK:BRAV
|
-0.013x |
|
Suspect Detection Systems Inc
PINK:SDSS
|
-0.008x |
|
ZipLink Inc
PINK:ZIPL
|
-0.432x |
|
Strategic Management and Opportunity Corporation
PINK:SMPP
|
0.215x |
|
Herborium Group Inc
PINK:HBRM
|
0.002x |
|
Next.e.GO N.V.
NASDAQ:EGOXF
|
-0.009x |
|
Vydrotech Inc
PINK:VYDR
|
-1.188x |
Annual Cash Flow Conversion Efficiency for Gryphon Gold Corporation (2004–2012)
The table below shows the annual cash flow conversion efficiency of Gryphon Gold Corporation from 2004 to 2012.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2012-03-31 | $11.24 Million | $-5.44 Million | -0.484x | +46.05% |
| 2011-03-31 | $3.81 Million | $-3.42 Million | -0.898x | -28.65% |
| 2010-03-31 | $4.47 Million | $-3.12 Million | -0.698x | +46.82% |
| 2009-03-31 | $2.68 Million | $-3.52 Million | -1.312x | -128.88% |
| 2008-03-31 | $12.12 Million | $-6.95 Million | -0.573x | +34.36% |
| 2007-03-31 | $8.72 Million | $-7.61 Million | -0.873x | -83.74% |
| 2006-03-31 | $10.47 Million | $-4.97 Million | -0.475x | +14.87% |
| 2005-03-31 | $3.53 Million | $-1.97 Million | -0.558x | -- |
| 2004-03-31 | $1.38 Million | $0.00 | 0.000x | -- |