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 (GGL) net asset quality to measure how much of total assets are equity-financed.
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. Check GGL Resources Corp cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Altech Batteries Ltd
AU:ATC
|
-0.199x |
|
Chakana Copper Corp
V:PERU
|
-0.248x |
|
Vivakor Inc
NASDAQ:VIVK
|
-0.540x |
|
Techfast Holdings Bhd
KLSE:0084
|
-0.089x |
|
Indo Pureco Pratama Tbk PT
JK:IPPE
|
0.000x |
|
Soligenix Inc.
NASDAQ:SNGX
|
-0.386x |
|
Komarkcorp Bhd
KLSE:7017
|
0.010x |
|
Kuniko Ltd
AU:KNI
|
-0.069x |
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 Resources Corp market cap and net worth.
| 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