Goldex Resources Corp (GDX) - 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 ≈ $-465.87K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see market value of Goldex Resources Corp for the company's overall valuation and market capitalisation.
Goldex Resources Corp - Cash Flow Conversion Efficiency Trend (2013–2023)
This chart illustrates how Goldex Resources Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Goldex Resources Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Goldex Resources Corp ranked by their cash flow conversion efficiency. Explore GDX cash to earnings ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mercia Technologies PLC
LSE:MERC
|
0.032x |
|
CONSOLE LABS SA ZY-10
F:9ZK
|
-0.133x |
|
Lionmesh Prima Tbk
JK:LMSH
|
-0.075x |
|
LANSDOWNE OIL+GAS LS-001
F:L2J
|
N/A |
|
Reneuco Berhad
KLSE:7130
|
0.013x |
|
Cho Thavee Public Company Limited
BK:CHO
|
-0.006x |
|
Distribution Finance Capital Holdings PLC
LSE:DFCH
|
0.088x |
|
Protagenic Therapeutics
NASDAQ:PTIX
|
0.087x |
Annual Cash Flow Conversion Efficiency for Goldex Resources Corp (2013–2023)
The table below shows the annual cash flow conversion efficiency of Goldex Resources Corp from 2013 to 2023. View GDX share price today for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | CA$-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.