GoldQuest Mining Corp. (GQC) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.067x

Based on the latest financial reports, GoldQuest Mining Corp. (GQC) has a cash flow conversion efficiency ratio of -0.067x as of September 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$-1.83 Million ≈ $-1.32 Million USD) by net assets (CA$27.14 Million ≈ $19.63 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

GoldQuest Mining Corp. - Cash Flow Conversion Efficiency Trend (2003–2024)

This chart illustrates how GoldQuest Mining Corp.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read GQC total debt and obligations for a breakdown of total debt and financial obligations.

GoldQuest Mining Corp. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of GoldQuest Mining Corp. ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Bank Maspion Indonesia PT JK:BMAS	0.007x
Ways Electron Co Ltd SHG:605218	0.007x
Tai-Tech Advanced Electronics Co Ltd TWO:3357	0.022x
RattanIndia Enterprises Limited NSE:RTNINDIA	0.010x
Kona I Co.Ltd KQ:052400	0.202x
Dongsung FineTec Co. Ltd KQ:033500	0.053x
Cool Company Oy OL:CLCO	0.045x
Sichuan Golden Summit Group Joint Stock Co Ltd SHG:600678	0.058x

Annual Cash Flow Conversion Efficiency for GoldQuest Mining Corp. (2003–2024)

The table below shows the annual cash flow conversion efficiency of GoldQuest Mining Corp. from 2003 to 2024. For the full company profile with market capitalisation and key ratios, see GoldQuest Mining Corp. (GQC) total market value.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$15.39 Million ≈ $11.13 Million	CA$-2.53 Million ≈ $-1.83 Million	-0.165x	+33.03%
2023-12-31	CA$9.57 Million ≈ $6.92 Million	CA$-2.35 Million ≈ $-1.70 Million	-0.246x	-30.59%
2022-12-31	CA$11.94 Million ≈ $8.64 Million	CA$-2.25 Million ≈ $-1.63 Million	-0.188x	-73.22%
2021-12-31	CA$14.12 Million ≈ $10.21 Million	CA$-1.53 Million ≈ $-1.11 Million	-0.109x	-13.51%
2020-12-31	CA$15.60 Million ≈ $11.28 Million	CA$-1.49 Million ≈ $-1.08 Million	-0.096x	+4.04%
2019-12-31	CA$16.67 Million ≈ $12.06 Million	CA$-1.66 Million ≈ $-1.20 Million	-0.100x	+54.53%
2018-12-31	CA$18.24 Million ≈ $13.19 Million	CA$-4.00 Million ≈ $-2.89 Million	-0.219x	+28.70%
2017-12-31	CA$23.06 Million ≈ $16.68 Million	CA$-7.10 Million ≈ $-5.13 Million	-0.308x	+66.88%
2016-12-31	CA$7.54 Million ≈ $5.45 Million	CA$-7.00 Million ≈ $-5.06 Million	-0.929x	-16.98%
2015-12-31	CA$5.80 Million ≈ $4.20 Million	CA$-4.61 Million ≈ $-3.33 Million	-0.794x	-2.29%
2014-12-31	CA$7.12 Million ≈ $5.15 Million	CA$-5.53 Million ≈ $-4.00 Million	-0.776x	-48.38%
2013-12-31	CA$13.34 Million ≈ $9.65 Million	CA$-6.98 Million ≈ $-5.05 Million	-0.523x	-129.75%
2012-12-31	CA$19.92 Million ≈ $14.41 Million	CA$-4.54 Million ≈ $-3.28 Million	-0.228x	+81.78%
2011-12-31	CA$2.28 Million ≈ $1.65 Million	CA$-2.86 Million ≈ $-2.07 Million	-1.250x	-1596.91%
2010-12-31	CA$10.72 Million ≈ $7.75 Million	CA$-789.48K ≈ $-571.10K	-0.074x	-35.92%
2009-12-31	CA$8.51 Million ≈ $6.16 Million	CA$-461.34K ≈ $-333.73K	-0.054x	+71.88%
2008-12-31	CA$7.79 Million ≈ $5.63 Million	CA$-1.50 Million ≈ $-1.09 Million	-0.193x	-87.42%
2007-12-31	CA$7.20 Million ≈ $5.21 Million	CA$-740.21K ≈ $-535.46K	-0.103x	-45.07%
2006-12-31	CA$3.70 Million ≈ $2.68 Million	CA$-262.41K ≈ $-189.83K	-0.071x	+45.17%
2005-12-31	CA$4.10 Million ≈ $2.97 Million	CA$-530.11K ≈ $-383.47K	-0.129x	+31.16%
2004-12-31	CA$3.56 Million ≈ $2.57 Million	CA$-668.41K ≈ $-483.52K	-0.188x	-120.90%
2003-12-31	CA$-131.20K ≈ $-94.91K	CA$-117.93K ≈ $-85.31K	0.899x	--

About GoldQuest Mining Corp.

V:GQC Canada Other Industrial Metals & Mining

Market Cap

$530.36 Million

CA$733.17 Million CAD

Market Cap Rank

#12238 Global

#351 in Canada

Share Price

CA$1.94

Change (1 day)

+4.30%

52-Week Range

CA$0.51 - CA$2.46

All Time High

CA$2.46