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 -0.262x 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.
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. Read Golden Goliath Resources Ltd. debt and liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Sabre Insurance Group PLC
LSE:SBRE
|
0.096x |
|
Stellar AfricaGold Inc.
V:SPX
|
-0.125x |
|
AYRO Inc
NASDAQ:AYRO
|
0.200x |
|
Sagardeep Alloys Limited
NSE:SAGARDEEP
|
-0.207x |
|
InZinc Mining Ltd
V:IZN
|
-0.363x |
|
Huntsman Exploration Inc
V:HMAN
|
-0.733x |
|
Western Yilgarn NL
AU:WYX
|
-0.157x |
|
Canasil Resources Inc.
V:CLZ
|
0.175x |
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 GNG company net worth.
| 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