Golden Goliath Resources Ltd. (GNG) - Cash Flow Conversion Efficiency

Latest as of November 2025: -0.262x

Based on the latest financial reports, Golden Goliath Resources Ltd. (GNG) has a cash flow conversion efficiency ratio of -0.262x as of November 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$-288.75K ≈ $-208.87K USD) by net assets (CA$1.10 Million ≈ $797.94K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Golden Goliath Resources Ltd. (GNG) balance sheet quality index to measure how much of total assets are equity-financed.

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. Check GNG operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

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.

Company	Cash Flow Conversion Efficiency
EMPYREAN ENERGY LS-002 F:E1E	N/A
Lavide Holding NV AS:LVIDE	-0.350x
Immersion SA PA:ALIMR	0.089x
Great Atlantic Resources Corp V:GR	0.096x
Falmaco Nonwoven Industri PT Tbk JK:FLMC	-0.007x
REDSUN PROPERTIES GROUP F:0RJ	N/A
Agereh Technologies Inc V:AUTO	0.039x
PreveCeutical Medical Inc F:18H	0.070x

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. For the full company profile with market capitalisation and key ratios, see market value of Golden Goliath Resources Ltd..

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.

V:GNG Canada Other Industrial Metals & Mining

Market Cap

$3.34 Million

CA$4.62 Million CAD

Market Cap Rank

#29257 Global

#1365 in Canada

Share Price

CA$0.09

Change (1 day)

-5.56%

52-Week Range

CA$0.05 - CA$0.18

All Time High

CA$2.52