GoGold Resources Inc. (GGD) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.044x

Based on the latest financial reports, GoGold Resources Inc. (GGD) has a cash flow conversion efficiency ratio of 0.044x as of March 2026. 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 (CA$20.97 Million ≈ $15.17 Million USD) by net assets (CA$480.91 Million ≈ $347.88 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See GGD cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

GoGold Resources Inc. - Cash Flow Conversion Efficiency Trend (2008–2025)

This chart illustrates how GoGold Resources Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.

GoGold Resources Inc. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of GoGold Resources Inc. ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Shunfa Hengye Corp SHE:000631	0.000x
Jiangsu Seagull Cooling Tower SHG:603269	0.232x
Sunflower Pharmaceuticals Group Co Ltd SHE:002737	-0.029x
Tandem Diabetes Care Inc NASDAQ:TNDM	0.083x
Prospect Capital Corporation NASDAQ:PSEC	0.022x
Zhejiang Guyuelongshan Shaoxing Wine Co Ltd SHG:600059	-0.006x
Beijing eGOVA SHE:300075	-0.006x
Formosa Advanced Technologies Co Ltd TW:8131	0.023x

Annual Cash Flow Conversion Efficiency for GoGold Resources Inc. (2008–2025)

The table below shows the annual cash flow conversion efficiency of GoGold Resources Inc. from 2008 to 2025. For the full company profile with market capitalisation and key ratios, see GGD company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-09-30	CA$360.27 Million ≈ $260.61 Million	CA$35.87 Million ≈ $25.95 Million	0.100x	+365.26%
2024-09-30	CA$284.50 Million ≈ $205.81 Million	CA$-10.68 Million ≈ $-7.72 Million	-0.038x	-42.44%
2023-09-30	CA$281.56 Million ≈ $203.67 Million	CA$-7.42 Million ≈ $-5.37 Million	-0.026x	-548.84%
2022-09-30	CA$240.33 Million ≈ $173.85 Million	CA$-976.00K ≈ $-706.02K	-0.004x	-106.76%
2021-09-30	CA$206.26 Million ≈ $149.21 Million	CA$12.38 Million ≈ $8.96 Million	0.060x	+72.44%
2020-09-30	CA$170.83 Million ≈ $123.58 Million	CA$5.95 Million ≈ $4.30 Million	0.035x	+121.37%
2019-09-30	CA$72.81 Million ≈ $52.67 Million	CA$-11.86 Million ≈ $-8.58 Million	-0.163x	+41.81%
2018-09-30	CA$58.93 Million ≈ $42.63 Million	CA$-16.50 Million ≈ $-11.94 Million	-0.280x	-194.87%
2017-09-30	CA$87.83 Million ≈ $63.53 Million	CA$-8.34 Million ≈ $-6.03 Million	-0.095x	-179.05%
2016-09-30	CA$88.10 Million ≈ $63.73 Million	CA$-3.00 Million ≈ $-2.17 Million	-0.034x	+12.19%
2015-09-30	CA$103.86 Million ≈ $75.13 Million	CA$-4.03 Million ≈ $-2.91 Million	-0.039x	+64.50%
2014-09-30	CA$97.82 Million ≈ $70.76 Million	CA$-10.68 Million ≈ $-7.72 Million	-0.109x	-724.05%
2013-09-30	CA$93.78 Million ≈ $67.84 Million	CA$-1.24 Million ≈ $-898.66K	-0.013x	+11.69%
2012-09-30	CA$96.71 Million ≈ $69.96 Million	CA$-1.45 Million ≈ $-1.05 Million	-0.015x	+78.92%
2011-09-30	CA$17.13 Million ≈ $12.39 Million	CA$-1.22 Million ≈ $-881.52K	-0.071x	+56.31%
2010-09-30	CA$1.15 Million ≈ $831.65K	CA$-187.21K ≈ $-135.43K	-0.163x	-690.98%
2009-09-30	CA$433.16K ≈ $313.34K	CA$-8.92K ≈ $-6.45K	-0.021x	+97.60%
2008-09-30	CA$31.06K ≈ $22.47K	CA$-26.62K ≈ $-19.26K	-0.857x	--

About GoGold Resources Inc.

TO:GGD Canada Other Precious Metals & Mining

Market Cap

$1.06 Billion

CA$1.47 Billion CAD

Market Cap Rank

#8842 Global

#265 in Canada

Share Price

CA$3.38

Change (1 day)

+0.90%

52-Week Range

CA$1.97 - CA$3.93

All Time High

CA$3.93