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 ≈ $-12.59 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See GETT Gold Inc balance sheet independence to measure how much of total assets are equity-financed.
GETT Gold Inc - Cash Flow Conversion Efficiency Trend (2018–2023)
This chart illustrates how GETT Gold Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check GETT Gold Inc earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
GETT Gold Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of GETT Gold Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SysGroup PLC
LSE:SYS
|
-0.014x |
|
Metgasco Ltd
AU:MEL
|
0.075x |
|
Montfort Capital Corp
V:MONT
|
-2.810x |
|
Hercules Site Services PLC
LSE:HERC
|
0.120x |
|
Emmerson PLC
LSE:EML
|
0.000x |
|
SkinBioTherapeutics PLC
LSE:SBTX
|
-0.053x |
|
Vaxil Bio Ltd
V:VXL
|
-0.042x |
|
International Zeolite Corp
V:IZ
|
-0.053x |
Annual Cash Flow Conversion Efficiency for GETT Gold Inc (2018–2023)
The table below shows the annual cash flow conversion efficiency of GETT Gold Inc from 2018 to 2023. For the full company profile with market capitalisation and key ratios, see GETT Gold Inc market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-09-30 | CA$-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