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 net asset quality score to measure how much of total assets are equity-financed.

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. Check earnings quality score of GoGold Resources Inc. to evaluate the quality of earnings relative to operating cash generation.

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
Yutong Optical SHE:300790	0.026x
CEVA Inc NASDAQ:CEVA	0.026x
SAF Holland SA XETRA:SFQ	0.082x
ATEX Resources Inc. V:ATX	-0.185x
MeiraGTx Holdings PLC NASDAQ:MGTX	-8.050x
Oppenheimer Holdings Inc NYSE:OPY	0.069x
Kingenta Ecological Engineering Group Co Ltd SHE:002470	-0.063x
Xinlei Compressor Co. Ltd. A SHE:301317	N/A

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 GoGold Resources Inc. (GGD) total market value.

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

$909.30 Million

CA$1.26 Billion CAD

Market Cap Rank

#9150 Global

#275 in Canada

Share Price

CA$2.90

Change (1 day)

-3.33%

52-Week Range

CA$2.13 - CA$3.93

All Time High

CA$3.93