Goldflare Exploration Inc
Goldflare Exploration Inc. engages in the acquisition, exploration, and development of mining properties in Canada. The company explores for gold deposits. The company was formerly known as Typhoon Exploration Inc. and changed its name to Goldflare Exploration Inc. in September 2021. Goldflare Exploration Inc. was incorporated in 1998 and is headquartered in Piedmont, Canada.
Goldflare Exploration Inc (GOFL) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of November 2025: -0.052x
Based on the latest financial reports, Goldflare Exploration Inc (GOFL) has a cash flow conversion efficiency ratio of -0.052x 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$-171.12K) by net assets (CA$3.29 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Goldflare Exploration Inc - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Goldflare Exploration Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Goldflare Exploration Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Goldflare Exploration Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Lehto Group Oyj
F:L7G
|
12.566x |
|
CERo Therapeutics Holdings, Inc. Common Stock
NASDAQ:CERO
|
0.705x |
|
Thai Textile Industry Public Company Limited
BK:TTI
|
-0.021x |
|
Anagenics Ltd
AU:AN1
|
-0.286x |
|
Silly Monks Entertainment Limited
NSE:SILLYMONKS
|
0.107x |
|
Irwin Naturals, Inc.
PINK:IWINQ
|
0.079x |
|
Adex Mining Inc
PINK:ADXDF
|
0.006x |
|
PRINCIPAL FINANCIAL - Dusseldorf Stock Exchang
DU:PG4
|
0.097x |
Annual Cash Flow Conversion Efficiency for Goldflare Exploration Inc (2018–2024)
The table below shows the annual cash flow conversion efficiency of Goldflare Exploration Inc from 2018 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-02-29 | CA$3.60 Million | CA$-375.67K | -0.104x | +48.42% |
| 2023-02-28 | CA$3.31 Million | CA$-669.72K | -0.202x | -5.10% |
| 2022-02-28 | CA$2.64 Million | CA$-507.70K | -0.193x | +34.90% |
| 2021-02-28 | CA$2.58 Million | CA$-763.47K | -0.296x | +60.49% |
| 2020-02-29 | CA$1.47 Million | CA$-1.10 Million | -0.749x | -399.29% |
| 2019-02-28 | CA$2.61 Million | CA$-391.21K | -0.150x | -390.08% |
| 2018-02-28 | CA$12.89 Million | CA$-394.60K | -0.031x | -- |