GGL Resources Corp Cash Flow Conversion Efficiency
GGL Resources Corp cash flow conversion efficiency. Based on the latest financial reports, GGL Resources Corp (GGL) has a cash flow conversion efficiency ratio of -0.023x as of May 2025. 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$-132.44K ≈ $-95.81K USD) by net assets (CA$5.68 Million ≈ $4.11 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 GGL Resources Corp (2013–2024)
Cash flow conversion efficiency of GGL Resources Corp from 2013 to 2024. This chart illustrates how GGL Resources Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View GGL stock price for real-time trading data and today's change.
GGL Resources Corp Cash Flow Conversion Ratio Explained
GGL Resources Corp 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.
GGL Resources Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of GGL Resources Corp ranked by their cash flow conversion efficiency. Also see how much is GGL Resources Corp worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Orcoda Ltd
AU:ODA
|
-0.059x |
|
Forum Energy Metals Corp
V:FMC
|
0.046x |
|
Widad Group Bhd
KLSE:0162
|
-0.035x |
|
EMC Public Company Limited
BK:EMC
|
-0.068x |
|
Stamper Oil & Gas Corp
V:STMP
|
-0.022x |
|
Theriva Biologics Inc.
NYSE MKT:TOVX
|
-0.159x |
|
Kibo Energy PLC
JSE:KBO
|
-0.011x |
|
Manhattan Corporation Limited
F:32U
|
-0.016x |
Annual Cash Flow Conversion Efficiency for GGL Resources Corp (2013–2024)
The table below shows the annual cash flow conversion efficiency of GGL Resources Corp from 2013 to 2024. Review GGL free cash flow to operating cash ratio 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 |
|---|---|---|---|---|
| 2024-11-30 | CA$5.65 Million ≈ $4.09 Million |
CA$-284.41K ≈ $-205.74K |
-0.050x | -1.27% |
| 2023-11-30 | CA$5.34 Million ≈ $3.86 Million |
CA$-265.32K ≈ $-191.93K |
-0.050x | +36.20% |
| 2022-11-30 | CA$4.77 Million ≈ $3.45 Million |
CA$-371.17K ≈ $-268.50K |
-0.078x | -29.53% |
| 2021-11-30 | CA$4.45 Million ≈ $3.22 Million |
CA$-267.31K ≈ $-193.37K |
-0.060x | -8.57% |
| 2020-11-30 | CA$4.62 Million ≈ $3.34 Million |
CA$-255.67K ≈ $-184.95K |
-0.055x | +49.06% |
| 2019-11-30 | CA$2.33 Million ≈ $1.69 Million |
CA$-253.56K ≈ $-183.42K |
-0.109x | +2.84% |
| 2018-11-30 | CA$2.66 Million ≈ $1.92 Million |
CA$-297.62K ≈ $-215.30K |
-0.112x | -39.76% |
| 2017-11-30 | CA$3.06 Million ≈ $2.21 Million |
CA$-244.81K ≈ $-177.09K |
-0.080x | -254.31% |
| 2016-11-30 | CA$1.76 Million ≈ $1.28 Million |
CA$91.49K ≈ $66.18K |
0.052x | +128.05% |
| 2015-11-30 | CA$1.76 Million ≈ $1.28 Million |
CA$40.09K ≈ $29.00K |
0.023x | +123.11% |
| 2014-11-30 | CA$1.71 Million ≈ $1.24 Million |
CA$-168.22K ≈ $-121.69K |
-0.098x | -554.72% |
| 2013-11-30 | CA$1.72 Million ≈ $1.24 Million |
CA$37.19K ≈ $26.90K |
0.022x | -- |
About GGL Resources Corp
GGL Resources Corp. engages in the acquisition, exploration, and evaluation of mineral properties. It explores for gold, copper, and silver deposits, as well as diamonds. The company holds interests in the McConnell Creek project located in the Omineca mining division of British Columbia. It also holds an option to acquire interests in Gold Point project located in Nevada; and the Stein diamond p… Read more