Golden Goliath Resources Ltd. Cash Flow Conversion Efficiency

Latest as of May 2026: -0.603x

Golden Goliath Resources Ltd. 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.

Cash Flow Conversion Efficiency of Golden Goliath Resources Ltd. (2001–2025)

Cash flow conversion efficiency of Golden Goliath Resources Ltd. from 2001 to 2025. This chart illustrates how Golden Goliath Resources Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View GNG share price today for real-time trading data and today's change.

Golden Goliath Resources Ltd. Cash Flow Conversion Ratio Explained

Golden Goliath Resources Ltd. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see Golden Goliath Resources Ltd. (GNG) market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Bluechiip Ltd AU:BCT	-3.489x
Innovotech Inc V:IOT	-0.247x
Kanger International Bhd KLSE:0170	-0.041x
Playfair Mining Ltd. V:PLY	-0.099x
BCM Alliance Bhd KLSE:0187	0.048x
ZHENRO PROP.GRP DL-00001 F:1ZZ	N/A
Schroder Real Estate Investment Trust Ltd LSE:SREI	0.029x
DarkIris Inc. NASDAQ:DKI	-0.101x

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. Review Golden Goliath Resources Ltd. free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.

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

$2.56 Million

CA$3.53 Million CAD

Market Cap Rank

#29737 Global

#1414 in Canada

Share Price

CA$0.07

Change (1 day)

+8.33%

52-Week Range

CA$0.06 - CA$0.18

All Time High

CA$2.52