GETT Gold Inc Cash Flow Conversion Efficiency
GETT Gold Inc cash flow conversion efficiency. Based on the latest financial reports, GETT Gold Inc (GETT) has a cash flow conversion efficiency ratio of -0.004x as of June 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$61.35K ≈ $44.38K USD) by net assets (CA$-17.41 Million ≈ $-12.59 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of GETT Gold Inc (2018–2023)
Cash flow conversion efficiency of GETT Gold Inc from 2018 to 2023. This chart illustrates how GETT Gold Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View GETT Gold Inc share price for real-time trading data and today's change.
GETT Gold Inc Cash Flow Conversion Ratio Explained
GETT Gold Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
GETT Gold Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of GETT Gold Inc ranked by their cash flow conversion efficiency. Also see GETT Gold Inc (GETT) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
AA Mission Acquisition Corp.
NYSE:AAM
|
0.000x |
|
IXICO PLC
LSE:IXI
|
-0.118x |
|
Subsea 7 SA
LSE:0OGK
|
-0.030x |
|
Montfort Capital Corp
V:MONT
|
-2.810x |
|
GCM Resources Plc
LSE:GCM
|
-0.009x |
|
Eden Research plc
LSE:EDEN
|
-0.048x |
|
Manx Financial Group Plc
LSE:MFX
|
-0.107x |
|
SkinBioTherapeutics PLC
LSE:SBTX
|
-0.053x |
Annual Cash Flow Conversion Efficiency for GETT Gold Inc (2018–2023)
The table below shows the annual cash flow conversion efficiency of GETT Gold Inc from 2018 to 2023. Review GETT Gold Inc free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-09-30 | CA$-14.00 Million ≈ $-10.13 Million |
CA$-1.43 Million ≈ $-1.03 Million |
0.102x | -86.89% |
| 2022-09-30 | CA$-2.32 Million ≈ $-1.68 Million |
CA$-1.80 Million ≈ $-1.30 Million |
0.777x | +602.19% |
| 2021-09-30 | CA$-9.67 Million ≈ $-7.00 Million |
CA$-1.07 Million ≈ $-774.21K |
0.111x | +380.61% |
| 2020-09-30 | CA$-8.40 Million ≈ $-6.08 Million |
CA$331.27K ≈ $239.63K |
-0.039x | +85.72% |
| 2019-09-30 | CA$-5.80 Million ≈ $-4.19 Million |
CA$1.60 Million ≈ $1.16 Million |
-0.276x | -390.98% |
| 2018-09-30 | CA$-5.45 Million ≈ $-3.94 Million |
CA$-517.49K ≈ $-374.34K |
0.095x | -- |
About GETT Gold Inc
G.E.T.T. Gold Inc. engages in the acquisition, exploration, and development of precious metal assets in Canada. The company holds an interest in the Courville Maruska project covering an area of 6.02 square kilometers located northeast of Val-d'Or. It also provides thermal fragmentation mining technology for the mining industry. The company was formerly known as Nippon Dragon Resources Inc. and c… Read more