True North Gems Inc
TGX Energy & Resources Inc. engages in the exploration and evaluation of natural resource properties in Canada. It owns interests in the True Blue Property that consists of 303 mining claims located in the Watson Lake Mining District; and Nabikok Property, which consists of 155 claims located in the Abitibi region of northwestern Quebec. The company was formerly known as True North Gems Inc. and … Read more
True North Gems Inc (TNGMF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.000x
Based on the latest financial reports, True North Gems Inc (TNGMF) has a cash flow conversion efficiency ratio of 0.000x 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 ($-2.89K) by net assets ($-7.11 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
True North Gems Inc - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how True North Gems 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.
True North Gems Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of True North Gems Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Union Pioneer Public Company Limited
BK:UPF
|
-0.058x |
|
Walker Lane Resources Ltd.
V:WLR
|
N/A |
|
St. James Gold Corp
OTCQB:LRDJF
|
0.027x |
|
Mexican Gold Mining Corp
OTCQB:MEXGF
|
0.953x |
|
Rare Earth Magnesium Technology Group Holdings Limited
STU:GPS
|
0.016x |
|
Encision Inc
PINK:ECIA
|
-0.031x |
|
Northern Lights Resources Corp
PINK:NLRCF
|
0.131x |
|
Shaniv
TA:SHAN
|
0.079x |
Annual Cash Flow Conversion Efficiency for True North Gems Inc (2012–2024)
The table below shows the annual cash flow conversion efficiency of True North Gems Inc from 2012 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-6.87 Million | $-6.07K | 0.001x | +135.61% |
| 2023-12-31 | $-6.71 Million | $16.66K | -0.002x | -101.91% |
| 2022-12-31 | $-6.38 Million | $-830.42K | 0.130x | +1081.96% |
| 2021-12-31 | $-4.32 Million | $-47.58K | 0.011x | +26.88% |
| 2020-12-31 | $-4.69 Million | $-40.74K | 0.009x | -95.15% |
| 2019-12-31 | $-3.81 Million | $-681.28K | 0.179x | +439.01% |
| 2018-12-31 | $-5.77 Million | $304.58K | -0.053x | -473.58% |
| 2017-12-31 | $-4.86 Million | $-68.67K | 0.014x | -98.60% |
| 2016-12-31 | $-868.84K | $-876.21K | 1.008x | +1845.77% |
| 2015-12-31 | $42.69 Million | $-2.47 Million | -0.058x | +13.09% |
| 2014-12-31 | $25.23 Million | $-1.68 Million | -0.066x | -- |
| 2013-12-31 | $21.42 Million | $0.00 | 0.000x | -- |
| 2012-12-31 | $21.10 Million | $0.00 | 0.000x | -- |