Majestic Gold Corp
Majestic Gold Corp., a mining company, focuses on exploration, development, and operation of mining properties in China. The company primarily explores for gold ores. Its flagship project is the Songjiagou gold mine located in the Shandong Province of China. The company was incorporated in 1986 and is headquartered in Surrey, Canada.
Majestic Gold Corp (MJGCF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.030x
Based on the latest financial reports, Majestic Gold Corp (MJGCF) has a cash flow conversion efficiency ratio of 0.030x as of September 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 ($5.59 Million) by net assets ($184.65 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Majestic Gold Corp - Cash Flow Conversion Efficiency Trend (2001–2024)
This chart illustrates how Majestic Gold Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Majestic Gold Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Majestic Gold Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Steppe Gold Ltd
OTCQX:STPGF
|
0.068x |
|
Izertis Sa
MC:IZER
|
0.050x |
|
Chainqui Construction Development Co Ltd
TW:2509
|
-0.121x |
|
Asian Energy Services Limited
NSE:ASIANENE
|
0.019x |
|
Smart Radar System Inc.
KQ:424960
|
-0.212x |
|
Esenboga Elektrik Uretim AS
IS:ESEN
|
-0.041x |
|
Remgro Ltd
JSE:REM
|
0.032x |
|
Wintermar Offshore Marine Tbk
JK:WINS
|
0.069x |
Annual Cash Flow Conversion Efficiency for Majestic Gold Corp (2001–2024)
The table below shows the annual cash flow conversion efficiency of Majestic Gold Corp from 2001 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $159.72 Million | $28.53 Million | 0.179x | +11.08% |
| 2023-12-31 | $152.30 Million | $24.49 Million | 0.161x | -41.95% |
| 2022-12-31 | $109.33 Million | $30.29 Million | 0.277x | +66.32% |
| 2021-12-31 | $92.81 Million | $15.46 Million | 0.167x | -59.25% |
| 2020-12-31 | $90.09 Million | $36.82 Million | 0.409x | +245.14% |
| 2019-12-31 | $69.75 Million | $8.26 Million | 0.118x | +7.18% |
| 2018-12-31 | $88.86 Million | $9.82 Million | 0.110x | +0.03% |
| 2017-12-31 | $69.12 Million | $7.63 Million | 0.110x | +15.97% |
| 2016-12-31 | $57.64 Million | $5.49 Million | 0.095x | +234.23% |
| 2015-12-31 | $62.81 Million | $-4.46 Million | -0.071x | -75.26% |
| 2014-12-31 | $71.95 Million | $-2.91 Million | -0.040x | +59.93% |
| 2013-12-31 | $80.16 Million | $-8.10 Million | -0.101x | -1908.31% |
| 2012-12-31 | $74.01 Million | $413.41K | 0.006x | +107.11% |
| 2011-12-31 | $39.26 Million | $-3.09 Million | -0.079x | +51.65% |
| 2010-12-31 | $17.96 Million | $-2.92 Million | -0.163x | -76.65% |
| 2009-12-31 | $12.32 Million | $-1.13 Million | -0.092x | +28.30% |
| 2008-12-31 | $13.73 Million | $-1.76 Million | -0.128x | +12.97% |
| 2007-12-31 | $13.03 Million | $-1.92 Million | -0.147x | -27.52% |
| 2006-12-31 | $9.58 Million | $-1.11 Million | -0.116x | -16.97% |
| 2005-12-31 | $7.00 Million | $-692.30K | -0.099x | +74.30% |
| 2004-12-31 | $1.46 Million | $-561.49K | -0.385x | +10.10% |
| 2003-12-31 | $553.92K | $-237.09K | -0.428x | -102.79% |
| 2002-12-31 | $-9.66K | $-148.06K | 15.333x | +2362.96% |
| 2001-12-31 | $47.61K | $-32.26K | -0.678x | -- |