GETT Gold Inc (GETT) - 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 ≈ $-12.59 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
GETT Gold Inc - Cash Flow Conversion Efficiency Trend (2018–2023)
This chart illustrates how GETT Gold Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read total liabilities of GETT Gold Inc for a breakdown of total debt and financial obligations.
GETT Gold Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of GETT Gold Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Oxurion NV
BR:OXUR
|
0.097x |
|
Montfort Capital Corp
V:MONT
|
-2.810x |
|
Rivalry Corp
V:RVLY
|
-0.004x |
|
Exploitasi Energi Indonesia
JK:CNKO
|
-0.151x |
|
Subsea 7 SA
LSE:0OGK
|
-0.030x |
|
IO Biotech Inc
NASDAQ:IOBT
|
-20.283x |
|
Cadence Minerals PLC
LSE:KDNC
|
-0.030x |
|
SkinBioTherapeutics PLC
LSE:SBTX
|
-0.053x |
Annual Cash Flow Conversion Efficiency for GETT Gold Inc (2018–2023)
The table below shows the annual cash flow conversion efficiency of GETT Gold Inc from 2018 to 2023. For the full company profile with market capitalisation and key ratios, see market value of GETT Gold Inc.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-09-30 | CA$-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