Goldbank Mining Corp (GLB) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.001x

Based on the latest financial reports, Goldbank Mining Corp (GLB) has a cash flow conversion efficiency ratio of 0.001x as of September 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$-10.50K ≈ $-7.60K USD) by net assets (CA$-9.45 Million ≈ $-6.84 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 Goldbank Mining Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Goldbank Mining Corp - Cash Flow Conversion Efficiency Trend (2013–2024)

This chart illustrates how Goldbank Mining Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Goldbank Mining Corp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Goldbank Mining Corp ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
SCI Information Service Inc KQ:036120	0.049x
Ihlas Holding AS IS:IHLAS	-0.030x
Gyeongnam Steel Co. Ltd KQ:039240	0.037x
Global Knafaim Leasing Ltd TA:GKL	0.027x
Cellumed Co. Ltd KQ:049180	-0.018x
JERSEY OIL+GAS PLC LS-01 F:TPC1	N/A
Youil Energy Technology Co. Ltd. KQ:340930	-0.002x
Electromagnetica SA RO:ELMA	0.031x

Annual Cash Flow Conversion Efficiency for Goldbank Mining Corp (2013–2024)

The table below shows the annual cash flow conversion efficiency of Goldbank Mining Corp from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see GLB company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$-7.21 Million ≈ $-5.21 Million	CA$-1.51 Million ≈ $-1.09 Million	0.210x	-42.25%
2023-12-31	CA$-6.10 Million ≈ $-4.41 Million	CA$-2.21 Million ≈ $-1.60 Million	0.363x	+9.76%
2022-12-31	CA$-6.22 Million ≈ $-4.50 Million	CA$-2.05 Million ≈ $-1.49 Million	0.331x	+248.92%
2021-12-31	CA$-5.89 Million ≈ $-4.26 Million	CA$-558.09K ≈ $-403.71K	0.095x	+25.85%
2020-12-31	CA$-4.05 Million ≈ $-2.93 Million	CA$-305.08K ≈ $-220.69K	0.075x	-41.79%
2019-12-31	CA$-3.30 Million ≈ $-2.39 Million	CA$-427.22K ≈ $-309.05K	0.129x	+49.13%
2018-12-31	CA$-3.54 Million ≈ $-2.56 Million	CA$-306.59K ≈ $-221.78K	0.087x	-85.18%
2017-12-31	CA$-1.85 Million ≈ $-1.34 Million	CA$-1.09 Million ≈ $-784.90K	0.585x	+446.66%
2016-12-31	CA$-2.36 Million ≈ $-1.71 Million	CA$-253.13K ≈ $-183.11K	0.107x	-42.42%
2015-12-31	CA$-1.24 Million ≈ $-900.49K	CA$-231.44K ≈ $-167.42K	0.186x	-76.40%
2014-12-31	CA$-255.71K ≈ $-184.97K	CA$-201.44K ≈ $-145.71K	0.788x	+727.86%
2013-12-31	CA$499.91K ≈ $361.63K	CA$-62.72K ≈ $-45.37K	-0.125x	--

About Goldbank Mining Corp

V:GLB Canada Gold

Market Cap

$37.59 Million

CA$51.96 Million CAD

Market Cap Rank

#22996 Global

#839 in Canada

Share Price

CA$0.27

Change (1 day)

+0.00%

52-Week Range

CA$0.27 - CA$0.52

All Time High

CA$0.52