Steppe Gold Ltd (STGO) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Steppe Gold Ltd (STGO) has a cash flow conversion efficiency ratio of 0.068x as of September 2025. 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$9.01 Million) by net assets (CA$132.66 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Steppe Gold Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Steppe Gold Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
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 |
|---|---|
|
Shenzhen Breo Technology Co. Ltd. A
SHG:688793
|
-0.031x |
|
Arima Real Estate SOCIMI SA
MC:ARM
|
0.000x |
|
Siamese Asset Public Company Limited
BK:SA
|
-0.001x |
|
Webzen Inc
KQ:069080
|
0.009x |
|
Icelandic Salmon As
OL:ISLAX
|
-0.043x |
|
Dagi Yatirim Holding AS
IS:DAGHL
|
0.354x |
|
KS Terminals Inc
TW:3003
|
0.040x |
|
Dusit Thani Public Company Limited
BK:DUSIT
|
0.122x |
Annual Cash Flow Conversion Efficiency for Steppe Gold Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of Steppe Gold Ltd from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$110.06 Million | CA$81.83 Million | 0.743x | +335.26% |
| 2023-12-31 | CA$48.00 Million | CA$8.20 Million | 0.171x | -84.28% |
| 2022-12-31 | CA$17.22 Million | CA$18.71 Million | 1.087x | +208.29% |
| 2021-12-31 | CA$7.01 Million | CA$-7.04 Million | -1.003x | -463.35% |
| 2020-12-31 | CA$41.33 Million | CA$11.41 Million | 0.276x | +154.33% |
| 2019-12-31 | CA$11.07 Million | CA$-5.63 Million | -0.508x | -20.07% |
| 2018-12-31 | CA$16.61 Million | CA$-7.03 Million | -0.423x | +69.74% |
| 2017-12-31 | CA$3.59 Million | CA$-5.03 Million | -1.399x | -52.44% |
| 2016-12-31 | CA$114.35K | CA$-104.96K | -0.918x | -- |
About Steppe Gold Ltd
Steppe Gold Ltd. engages in operating, developing, exploring, and acquiring precious metal projects in Mongolia and Peru. Its flagship project is the 100% owned Altan Tsagaan Ovoo property covering an area of approximately 5,492 hectares located in Ulaanbaatar, Mongolia. The company is based in Toronto, Canada. Steppe Gold Ltd. is a subsidiary of Boroo Pte Ltd.