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.

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. Read GLB liabilities breakdown for a breakdown of total debt and financial obligations.

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
OT Logistics S.A WAR:OTS	0.101x
Airtime Partecipazioni SpA PA:ALMEX	0.201x
Bangkok Ranch PCL BK:BR	0.065x
Eternit S.A SA:ETER3	0.028x
Elton International Trading Company S.A AT:ELTON	0.056x
InfoBeans Technologies Limited NSE:INFOBEAN	0.143x
AB Electrolux (publ) ST:ELUX-A	0.528x
WICE Logistics PCL BK:WICE	0.006x

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

$47.20 Million

CA$65.25 Million CAD

Market Cap Rank

#22097 Global

#794 in Canada

Share Price

CA$0.34

Change (1 day)

+0.00%

52-Week Range

CA$0.26 - CA$0.52

All Time High

CA$0.52