GGL Resources Corp (GGL) - 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. See GGL Resources Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.
GGL Resources Corp - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how GGL Resources Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Krida Jaringan Nusantara Tbk PT
JK:KJEN
|
0.001x |
|
Techfast Holdings Bhd
KLSE:0084
|
-0.008x |
|
Poddar Housing and Development Limited
NSE:PODDARHOUS
|
0.838x |
|
Vintage Energy Ltd
AU:VEN
|
0.191x |
|
Gooch & Housego Plc
LSE:GHH
|
0.046x |
|
Group 107 Ltd
TA:G107
|
-0.133x |
|
Siti Networks Limited
NSE:SITINET
|
-0.072x |
|
Libas Consumer Products Limited
NSE:LIBAS
|
0.001x |
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. For the full company profile with market capitalisation and key ratios, see GGL market cap overview.
| 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