Goldflare Exploration Inc (GOFL) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-123.79K USD) by net assets (CA$3.29 Million ≈ $2.38 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of Goldflare Exploration Inc to measure how much of total assets are equity-financed.

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. Check Goldflare Exploration Inc earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

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
BRAXIA SCIENTIFIC CORP. F:4960	N/A
Ecoclime Group AB Series B ST:ECC-B	0.000x
R.E.A. Holdings plc LSE:RE	0.120x
Bitcoin Fund Unit TO:QBTC	-0.019x
IMMERSION G. S.A. ZY 10 F:73W	3.367x
GAMES BOX S.A. ZY-10 F:ZN6	-0.018x
Volvere PLC LSE:VLE	0.004x
Splash Beverage Group Inc NYSE MKT:SBEV	0.184x

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. For the full company profile with market capitalisation and key ratios, see market cap of Goldflare Exploration Inc.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-02-29	CA$3.60 Million ≈ $2.60 Million	CA$-375.67K ≈ $-271.76K	-0.104x	+48.42%
2023-02-28	CA$3.31 Million ≈ $2.39 Million	CA$-669.72K ≈ $-484.46K	-0.202x	-5.10%
2022-02-28	CA$2.64 Million ≈ $1.91 Million	CA$-507.70K ≈ $-367.26K	-0.193x	+34.90%
2021-02-28	CA$2.58 Million ≈ $1.87 Million	CA$-763.47K ≈ $-552.28K	-0.296x	+60.49%
2020-02-29	CA$1.47 Million ≈ $1.06 Million	CA$-1.10 Million ≈ $-796.73K	-0.749x	-399.29%
2019-02-28	CA$2.61 Million ≈ $1.89 Million	CA$-391.21K ≈ $-283.00K	-0.150x	-390.08%
2018-02-28	CA$12.89 Million ≈ $9.33 Million	CA$-394.60K ≈ $-285.44K	-0.031x	--

About Goldflare Exploration Inc

V:GOFL Canada Gold

Market Cap

$564.64K

CA$780.55K CAD

Market Cap Rank

#30885 Global

#1638 in Canada

Share Price

CA$0.03

Change (1 day)

+0.00%

52-Week Range

CA$0.03 - CA$0.06

All Time High

CA$0.90