SolGold PLC Cash Flow Conversion Efficiency
SolGold PLC cash flow conversion efficiency. Based on the latest financial reports, SolGold PLC (SOLG) has a cash flow conversion efficiency ratio of -0.013x as of December 2024. 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$-3.20 Million ≈ $-2.31 Million USD) by net assets (CA$238.11 Million ≈ $172.24 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of SolGold PLC (2006–2024)
Cash flow conversion efficiency of SolGold PLC from 2006 to 2024. This chart illustrates how SolGold PLC's cash flow conversion efficiency has evolved over time, based on yearly financial data. View SOLG live share price for real-time trading data and today's change.
SolGold PLC Cash Flow Conversion Ratio Explained
SolGold PLC cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
SolGold PLC Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of SolGold PLC ranked by their cash flow conversion efficiency. Also see SolGold PLC market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sichuan Haowu Electromechanical Co Ltd
SHE:000757
|
0.020x |
|
Hypothekarbank Lenzburg AG
SW:HBLN
|
-0.426x |
|
Fittech Co Ltd
TW:6706
|
0.016x |
|
SGC Energy Co Ltd
KO:005090
|
-0.033x |
|
HeidelbergCement India Limited
NSE:HEIDELBERG
|
0.064x |
|
Australian Finance Group Ltd
AU:AFG
|
0.102x |
|
LEXINFINTECH ADR/2 CL.A
F:1LFA
|
N/A |
|
Bali Towerindo Sentra Tbk
JK:BALI
|
0.048x |
Annual Cash Flow Conversion Efficiency for SolGold PLC (2006–2024)
The table below shows the annual cash flow conversion efficiency of SolGold PLC from 2006 to 2024. Review SOLG financial flexibility index to assess the company's free cash flow relative to its total liabilities.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | CA$254.61 Million ≈ $184.18 Million |
CA$-10.24 Million ≈ $-7.41 Million |
-0.040x | +62.61% |
| 2023-06-30 | CA$312.93 Million ≈ $226.37 Million |
CA$-33.66 Million ≈ $-24.35 Million |
-0.108x | -223.77% |
| 2022-06-30 | CA$331.25 Million ≈ $239.62 Million |
CA$-11.01 Million ≈ $-7.96 Million |
-0.033x | +19.91% |
| 2021-06-30 | CA$338.62 Million ≈ $244.95 Million |
CA$-14.05 Million ≈ $-10.16 Million |
-0.041x | -28.59% |
| 2020-06-30 | CA$281.99 Million ≈ $203.99 Million |
CA$-9.10 Million ≈ $-6.58 Million |
-0.032x | +11.03% |
| 2019-06-30 | CA$238.20 Million ≈ $172.31 Million |
CA$-8.64 Million ≈ $-6.25 Million |
-0.036x | +0.82% |
| 2018-06-30 | CA$169.28 Million ≈ $122.45 Million |
CA$-6.19 Million ≈ $-4.48 Million |
-0.037x | -33.43% |
| 2017-06-30 | CA$126.19 Million ≈ $91.28 Million |
CA$-3.46 Million ≈ $-2.50 Million |
-0.027x | +83.25% |
| 2016-06-30 | CA$26.12 Million ≈ $18.90 Million |
CA$-4.27 Million ≈ $-3.09 Million |
-0.164x | -16.22% |
| 2015-06-30 | CA$23.11 Million ≈ $16.72 Million |
CA$-3.25 Million ≈ $-2.35 Million |
-0.141x | +14.15% |
| 2014-06-30 | CA$27.84 Million ≈ $20.14 Million |
CA$-4.56 Million ≈ $-3.30 Million |
-0.164x | +89.70% |
| 2013-06-30 | CA$17.16 Million ≈ $12.41 Million |
CA$-27.32 Million ≈ $-19.76 Million |
-1.592x | -178.60% |
| 2012-06-30 | CA$40.71 Million ≈ $29.45 Million |
CA$-23.26 Million ≈ $-16.83 Million |
-0.571x | -922.67% |
| 2011-06-30 | CA$60.99 Million ≈ $44.12 Million |
CA$-3.41 Million ≈ $-2.46 Million |
-0.056x | +19.54% |
| 2010-06-30 | CA$27.23 Million ≈ $19.70 Million |
CA$-1.89 Million ≈ $-1.37 Million |
-0.069x | -1.79% |
| 2009-06-30 | CA$15.31 Million ≈ $11.07 Million |
CA$-1.04 Million ≈ $-755.45K |
-0.068x | +36.44% |
| 2008-06-30 | CA$16.14 Million ≈ $11.68 Million |
CA$-1.73 Million ≈ $-1.25 Million |
-0.107x | +28.08% |
| 2007-06-30 | CA$8.80 Million ≈ $6.37 Million |
CA$-1.31 Million ≈ $-950.40K |
-0.149x | -109.44% |
| 2006-06-30 | CA$-362.07K ≈ $-261.91K |
CA$-572.67K ≈ $-414.26K |
1.582x | -- |
About SolGold PLC
SolGold Plc, a mineral exploration and development company, explores for, evaluates, and develops mineral properties in Ecuador, Switzerland, Australia, Chile, and Solomon Islands. It primarily explores for copper, gold, silver, and molybdenum deposits. The company's flagship project is the Cascabel Project that covers an area of approximately 50 square kilometers located in Imbabura province, No… Read more