Goldex Resources Corp Cash Flow Conversion Efficiency
Goldex Resources Corp cash flow conversion efficiency. Based on the latest financial reports, Goldex Resources Corp (GDX) has a cash flow conversion efficiency ratio of 0.000x as of September 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$-178.00 ≈ $-128.76 USD) by net assets (CA$-644.02K ≈ $-465.87K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Goldex Resources Corp (2013–2023)
Cash flow conversion efficiency of Goldex Resources Corp from 2013 to 2023. This chart illustrates how Goldex Resources Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Goldex Resources Corp stock price for real-time trading data and today's change.
Goldex Resources Corp Cash Flow Conversion Ratio Explained
Goldex Resources Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Goldex Resources Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Goldex Resources Corp ranked by their cash flow conversion efficiency. Also see Goldex Resources Corp (GDX) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Castings PLC
LSE:CGS
|
0.124x |
|
CONSOLE LABS SA ZY-10
F:9ZK
|
-0.133x |
|
Lionmesh Prima Tbk
JK:LMSH
|
-0.075x |
|
LANSDOWNE OIL+GAS LS-001
F:L2J
|
N/A |
|
Reneuco Berhad
KLSE:7130
|
0.013x |
|
Cho Thavee Public Company Limited
BK:CHO
|
-0.006x |
|
Protagenic Therapeutics
NASDAQ:PTIX
|
0.087x |
|
CardioComm Solutions Inc.
V:EKG
|
0.215x |
Annual Cash Flow Conversion Efficiency for Goldex Resources Corp (2013–2023)
The table below shows the annual cash flow conversion efficiency of Goldex Resources Corp from 2013 to 2023. Review Goldex Resources Corp free cash flow efficiency to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | CA$-274.61K ≈ $-198.65K |
CA$-208.52K ≈ $-150.84K |
0.759x | +418.63% |
| 2022-12-31 | CA$-292.63K ≈ $-211.68K |
CA$-42.84K ≈ $-30.99K |
0.146x | +123.76% |
| 2021-12-31 | CA$110.14K ≈ $79.67K |
CA$-67.89K ≈ $-49.11K |
-0.616x | -1889.04% |
| 2020-12-31 | CA$-1.24 Million ≈ $-894.53K |
CA$-42.60K ≈ $-30.82K |
0.034x | -32.78% |
| 2019-12-31 | CA$-1.10 Million ≈ $-794.25K |
CA$-56.27K ≈ $-40.71K |
0.051x | -60.48% |
| 2018-12-31 | CA$-922.52K ≈ $-667.34K |
CA$-119.64K ≈ $-86.55K |
0.130x | -62.67% |
| 2017-12-31 | CA$-639.30K ≈ $-462.46K |
CA$-222.12K ≈ $-160.68K |
0.347x | +109.10% |
| 2016-12-31 | CA$-657.04K ≈ $-475.29K |
CA$-109.18K ≈ $-78.98K |
0.166x | -72.63% |
| 2015-12-31 | CA$-942.58K ≈ $-681.85K |
CA$-572.16K ≈ $-413.89K |
0.607x | +778.46% |
| 2014-12-31 | CA$1.05 Million ≈ $760.68K |
CA$-94.08K ≈ $-68.06K |
-0.089x | -30.67% |
| 2013-12-31 | CA$1.71 Million ≈ $1.23 Million |
CA$-116.85K ≈ $-84.53K |
-0.068x | -- |
About Goldex Resources Corp
Goldex Resources Corporation, through its subsidiaries, engages in the acquisition and exploration of mineral properties in Canada and Guatemala. It primarily explores for gold deposits. The company was incorporated in 1987 and is headquartered in Vancouver, Canada.