Gold Springs Resource Corp (GRC) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.005x

Based on the latest financial reports, Gold Springs Resource Corp (GRC) has a cash flow conversion efficiency ratio of -0.005x 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$-114.49K ≈ $-82.82K USD) by net assets (CA$24.00 Million ≈ $17.36 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 GRC net asset quality index to measure how much of total assets are equity-financed.

Gold Springs Resource Corp - Cash Flow Conversion Efficiency Trend (2004–2025)

This chart illustrates how Gold Springs Resource Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Gold Springs Resource Corp to evaluate the quality of earnings relative to operating cash generation.

Gold Springs Resource Corp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Gold Springs Resource Corp ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
FN Factory Outlet Public Company Limited BK:FN	-0.020x
IRIDEX Corporation NASDAQ:IRIX	0.120x
Vichitbhan Palmoil Public Company Limited BK:VPO	-0.267x
Neungyule Education Inc KQ:053290	0.056x
BALAXI PHARMACEUTICALS LIMITED NSE:BALAXI	0.063x
TPC Co. Ltd KQ:130740	0.007x
Observe Medical Asa OL:OBSRV	-0.829x
Hotel Shilla Co Ltd KO:008775	-0.137x

Annual Cash Flow Conversion Efficiency for Gold Springs Resource Corp (2004–2025)

The table below shows the annual cash flow conversion efficiency of Gold Springs Resource Corp from 2004 to 2025. For the full company profile with market capitalisation and key ratios, see market cap of Gold Springs Resource Corp.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CA$24.09 Million ≈ $17.43 Million	CA$-212.94K ≈ $-154.04K	-0.009x	+13.93%
2024-12-31	CA$24.71 Million ≈ $17.88 Million	CA$-253.82K ≈ $-183.61K	-0.010x	+36.69%
2023-12-31	CA$25.20 Million ≈ $18.23 Million	CA$-408.86K ≈ $-295.77K	-0.016x	+14.16%
2022-12-31	CA$24.34 Million ≈ $17.61 Million	CA$-460.02K ≈ $-332.77K	-0.019x	+50.71%
2021-12-31	CA$24.58 Million ≈ $17.78 Million	CA$-942.34K ≈ $-681.67K	-0.038x	+6.58%
2020-12-31	CA$22.96 Million ≈ $16.61 Million	CA$-942.31K ≈ $-681.65K	-0.041x	+25.07%
2019-12-31	CA$24.23 Million ≈ $17.53 Million	CA$-1.33 Million ≈ $-960.10K	-0.055x	-72.21%
2018-12-31	CA$34.91 Million ≈ $25.26 Million	CA$-1.11 Million ≈ $-803.29K	-0.032x	+52.88%
2017-12-31	CA$28.63 Million ≈ $20.71 Million	CA$-1.93 Million ≈ $-1.40 Million	-0.067x	-16.85%
2016-12-31	CA$27.56 Million ≈ $19.93 Million	CA$-1.59 Million ≈ $-1.15 Million	-0.058x	-5.96%
2015-12-31	CA$37.52 Million ≈ $27.14 Million	CA$-2.05 Million ≈ $-1.48 Million	-0.055x	+39.14%
2014-12-31	CA$34.53 Million ≈ $24.98 Million	CA$-3.09 Million ≈ $-2.24 Million	-0.090x	+32.64%
2013-12-31	CA$34.26 Million ≈ $24.78 Million	CA$-4.56 Million ≈ $-3.30 Million	-0.133x	+1.39%
2012-12-31	CA$52.40 Million ≈ $37.91 Million	CA$-7.07 Million ≈ $-5.11 Million	-0.135x	-9.64%
2011-12-31	CA$44.89 Million ≈ $32.47 Million	CA$-5.52 Million ≈ $-3.99 Million	-0.123x	-289.19%
2010-12-31	CA$47.67 Million ≈ $34.49 Million	CA$-1.51 Million ≈ $-1.09 Million	-0.032x	+54.95%
2009-12-31	CA$15.40 Million ≈ $11.14 Million	CA$-1.08 Million ≈ $-781.23K	-0.070x	+17.03%
2008-12-31	CA$13.71 Million ≈ $9.92 Million	CA$-1.16 Million ≈ $-838.42K	-0.085x	-322.64%
2007-12-31	CA$15.88 Million ≈ $11.49 Million	CA$-317.58K ≈ $-229.74K	-0.020x	+84.70%
2006-12-31	CA$926.35K ≈ $670.11K	CA$-121.07K ≈ $-87.58K	-0.131x	-592.41%
2004-12-31	CA$6.18 Million ≈ $4.47 Million	CA$-116.71K ≈ $-84.43K	-0.019x	--

About Gold Springs Resource Corp

TO:GRC Canada Gold

Market Cap

$14.33 Million

CA$19.81 Million CAD

Market Cap Rank

#26092 Global

#1038 in Canada

Share Price

CA$0.07

Change (1 day)

+7.69%

52-Week Range

CA$0.06 - CA$0.13

All Time High

CA$0.34