Steppe Gold Ltd (STGO) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.135x

Based on the latest financial reports, Steppe Gold Ltd (STGO) has a cash flow conversion efficiency ratio of 0.135x 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$21.84 Million ≈ $15.80 Million USD) by net assets (CA$161.51 Million ≈ $116.83 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 Steppe Gold Ltd (STGO) net asset quality to measure how much of total assets are equity-financed.

Steppe Gold Ltd - Cash Flow Conversion Efficiency Trend (2016–2025)

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

Steppe Gold Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Steppe Gold Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
GreenTech Environmental Co Ltd SHG:688466	0.038x
NELCO Limited NSE:NELCO	0.086x
Bank Amar Indonesia JK:AMAR	0.022x
Odfjell B OL:ODFB	0.313x
Pulmuone Holdi KO:017810	0.016x
Karsan Otomotiv Sanayi ve Ticaret AS IS:KARSN	0.313x
Sweeten Real Estate Development Co Ltd TW:5525	-0.067x
Alarko Carrier Sanayi ve Ticaret AS IS:ALCAR	-0.001x

Annual Cash Flow Conversion Efficiency for Steppe Gold Ltd (2016–2025)

The table below shows the annual cash flow conversion efficiency of Steppe Gold Ltd from 2016 to 2025. For the full company profile with market capitalisation and key ratios, see market value of Steppe Gold Ltd.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CA$142.82 Million ≈ $103.32 Million	CA$114.33 Million ≈ $82.70 Million	0.800x	+7.67%
2024-12-31	CA$110.06 Million ≈ $79.62 Million	CA$81.83 Million ≈ $59.19 Million	0.743x	+335.26%
2023-12-31	CA$48.00 Million ≈ $34.72 Million	CA$8.20 Million ≈ $5.93 Million	0.171x	-84.28%
2022-12-31	CA$17.22 Million ≈ $12.46 Million	CA$18.71 Million ≈ $13.54 Million	1.087x	+208.29%
2021-12-31	CA$7.01 Million ≈ $5.07 Million	CA$-7.04 Million ≈ $-5.09 Million	-1.003x	-463.35%
2020-12-31	CA$41.33 Million ≈ $29.90 Million	CA$11.41 Million ≈ $8.26 Million	0.276x	+154.33%
2019-12-31	CA$11.07 Million ≈ $8.01 Million	CA$-5.63 Million ≈ $-4.07 Million	-0.508x	-20.07%
2018-12-31	CA$16.61 Million ≈ $12.02 Million	CA$-7.03 Million ≈ $-5.09 Million	-0.423x	+69.74%
2017-12-31	CA$3.59 Million ≈ $2.60 Million	CA$-5.03 Million ≈ $-3.64 Million	-1.399x	-52.44%
2016-12-31	CA$114.35K ≈ $82.72K	CA$-104.96K ≈ $-75.93K	-0.918x	--

About Steppe Gold Ltd

TO:STGO Canada Gold

Market Cap

$219.47 Million

CA$303.39 Million CAD

Market Cap Rank

#16139 Global

#492 in Canada

Share Price

CA$1.20

Change (1 day)

+0.00%

52-Week Range

CA$1.11 - CA$2.37

All Time High

CA$3.00