Goldex Resources Corp (GDX) - Cash Flow Conversion Efficiency

Latest as of September 2024: 0.000x

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. See GDX net asset quality index to measure how much of total assets are equity-financed.

Goldex Resources Corp - Cash Flow Conversion Efficiency Trend (2013–2023)

This chart illustrates how Goldex Resources Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check GDX operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

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.

Company	Cash Flow Conversion Efficiency
Ridgestone Mining Inc V:RMI	0.073x
Namsun Aluminium Co Ltd KO:008355	-0.005x
Lionmesh Prima Tbk JK:LMSH	-0.075x
LANSDOWNE OIL+GAS LS-001 F:L2J	N/A
Krakchemia SA WAR:KCH	0.018x
Reneuco Berhad KLSE:7130	0.013x
Cho Thavee Public Company Limited BK:CHO	-0.006x
Luxbright AB ST:LXB	-0.321x

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. For the full company profile with market capitalisation and key ratios, see how much is Goldex Resources Corp worth.

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

V:GDX Canada Gold

Market Cap

$1.44 Million

CA$1.99 Million CAD

Market Cap Rank

#30298 Global

#1534 in Canada

Share Price

CA$0.06

Change (1 day)

+0.00%

52-Week Range

CA$0.06 - CA$0.06

All Time High

CA$2.56