Golden Goliath Resources Ltd. (GNG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Golden Goliath Resources Ltd. (GNG) has a cash flow conversion efficiency ratio of -0.603x as of May 2026. 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$-504.45K ≈ $-364.91K USD) by net assets (CA$837.10K ≈ $605.54K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Golden Goliath Resources Ltd. market capitalisation for the company's overall valuation and market capitalisation.
Golden Goliath Resources Ltd. - Cash Flow Conversion Efficiency Trend (2001–2025)
This chart illustrates how Golden Goliath Resources Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
Golden Goliath Resources Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Golden Goliath Resources Ltd. ranked by their cash flow conversion efficiency. Explore Golden Goliath Resources Ltd. (GNG) cash flow quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Timah Resources Ltd
AU:TML
|
0.007x |
|
Colabor Group Inc.
TO:GCL
|
0.101x |
|
Universal Biosensors Inc
AU:UBI
|
-0.301x |
|
Metalore Resources Ltd
V:MET
|
0.024x |
|
Kingsland Minerals Ltd
AU:KNG
|
-0.081x |
|
HiteJinro Holdings Co Ltd
KO:000145
|
0.085x |
|
City Of London Investment Group
LSE:CLIG
|
0.070x |
|
Card Factory PLC
LSE:CARD
|
0.063x |
Annual Cash Flow Conversion Efficiency for Golden Goliath Resources Ltd. (2001–2025)
The table below shows the annual cash flow conversion efficiency of Golden Goliath Resources Ltd. from 2001 to 2025. View Golden Goliath Resources Ltd. stock price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-08-31 | CA$370.57K ≈ $268.06K |
CA$-117.83K ≈ $-85.24K |
-0.318x | +61.31% |
| 2024-08-31 | CA$651.32K ≈ $471.16K |
CA$-535.27K ≈ $-387.20K |
-0.822x | -1010.16% |
| 2023-08-31 | CA$3.81 Million ≈ $2.75 Million |
CA$-281.92K ≈ $-203.93K |
-0.074x | -14.29% |
| 2022-08-31 | CA$4.15 Million ≈ $3.00 Million |
CA$-268.95K ≈ $-194.55K |
-0.065x | +12.40% |
| 2021-08-31 | CA$4.47 Million ≈ $3.23 Million |
CA$-330.28K ≈ $-238.92K |
-0.074x | +52.51% |
| 2020-08-31 | CA$4.03 Million ≈ $2.92 Million |
CA$-627.98K ≈ $-454.27K |
-0.156x | +72.57% |
| 2019-08-31 | CA$1.91 Million ≈ $1.38 Million |
CA$-1.08 Million ≈ $-783.85K |
-0.568x | -509.47% |
| 2018-08-31 | CA$1.90 Million ≈ $1.37 Million |
CA$-176.62K ≈ $-127.76K |
-0.093x | -20.21% |
| 2017-08-31 | CA$2.26 Million ≈ $1.63 Million |
CA$-174.76K ≈ $-126.42K |
-0.077x | -68.00% |
| 2016-08-31 | CA$2.59 Million ≈ $1.87 Million |
CA$-119.41K ≈ $-86.38K |
-0.046x | -236.93% |
| 2015-08-31 | CA$3.01 Million ≈ $2.18 Million |
CA$101.38K ≈ $73.34K |
0.034x | +118.17% |
| 2014-08-31 | CA$3.59 Million ≈ $2.60 Million |
CA$-664.93K ≈ $-481.00K |
-0.185x | -56.80% |
| 2013-08-31 | CA$7.17 Million ≈ $5.19 Million |
CA$-847.79K ≈ $-613.28K |
-0.118x | -12.83% |
| 2012-08-31 | CA$8.99 Million ≈ $6.50 Million |
CA$-941.41K ≈ $-681.00K |
-0.105x | -40.10% |
| 2011-08-31 | CA$11.85 Million ≈ $8.57 Million |
CA$-886.05K ≈ $-640.96K |
-0.075x | -5.63% |
| 2010-08-31 | CA$10.03 Million ≈ $7.26 Million |
CA$-710.08K ≈ $-513.66K |
-0.071x | +19.92% |
| 2009-08-31 | CA$8.16 Million ≈ $5.90 Million |
CA$-721.12K ≈ $-521.65K |
-0.088x | +0.04% |
| 2008-08-31 | CA$10.30 Million ≈ $7.45 Million |
CA$-910.58K ≈ $-658.70K |
-0.088x | -26.27% |
| 2007-08-31 | CA$10.95 Million ≈ $7.92 Million |
CA$-766.89K ≈ $-554.76K |
-0.070x | +38.19% |
| 2006-08-31 | CA$4.70 Million ≈ $3.40 Million |
CA$-533.05K ≈ $-385.60K |
-0.113x | +20.86% |
| 2005-08-31 | CA$3.42 Million ≈ $2.47 Million |
CA$-489.87K ≈ $-354.37K |
-0.143x | -40.20% |
| 2004-08-31 | CA$4.36 Million ≈ $3.16 Million |
CA$-445.71K ≈ $-322.42K |
-0.102x | +42.40% |
| 2003-08-31 | CA$3.75 Million ≈ $2.71 Million |
CA$-664.30K ≈ $-480.54K |
-0.177x | -164.56% |
| 2002-08-31 | CA$4.31 Million ≈ $3.12 Million |
CA$-288.82K ≈ $-208.93K |
-0.067x | +72.96% |
| 2001-08-31 | CA$3.86 Million ≈ $2.79 Million |
CA$-956.87K ≈ $-692.18K |
-0.248x | -- |
About Golden Goliath Resources Ltd.
Golden Goliath Resources Ltd. engages in the acquisition and exploration of rare earth element in Canada and Mexico. The company explores and develops gold, cerium, lantanum, neodymium, praseodymium, vanadium, and rubidium properties. It holds a 100% interest in the Wish Ore Property in the townships of 50 miles north of Sault Ste Marie, Ontario; and the KWAI property located in Red Lake, Ontario… Read more