Golden Arrow Resources Corp (GRG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Golden Arrow Resources Corp (GRG) has a cash flow conversion efficiency ratio of -0.145x 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$-995.66K ≈ $-720.24K USD) by net assets (CA$6.85 Million ≈ $4.96 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 Golden Arrow Resources Corp to measure how much of total assets are equity-financed.
Golden Arrow Resources Corp - Cash Flow Conversion Efficiency Trend (2003–2024)
This chart illustrates how Golden Arrow Resources Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Golden Arrow Resources Corp (GRG) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Golden Arrow Resources Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Golden Arrow Resources Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Praxis Home Retail Limited
NSE:PRAXIS
|
-0.206x |
|
Sheffield Resources Ltd
AU:SFX
|
-0.013x |
|
Eurobattery Minerals AB
F:EBM
|
-0.023x |
|
BioLineRx Ltd
NASDAQ:BLRX
|
-0.138x |
|
Elementis PLC
LSE:ELM
|
0.069x |
|
ES Australia Israel Holdings Ltd
TA:AUIS
|
-0.084x |
|
Prochem S.A.
WAR:PRM
|
0.020x |
|
PAKERS.Co.Ltd
KQ:065690
|
0.012x |
Annual Cash Flow Conversion Efficiency for Golden Arrow Resources Corp (2003–2024)
The table below shows the annual cash flow conversion efficiency of Golden Arrow Resources Corp from 2003 to 2024. For the full company profile with market capitalisation and key ratios, see Golden Arrow Resources Corp (GRG) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$5.47 Million ≈ $3.96 Million |
CA$-3.57 Million ≈ $-2.58 Million |
-0.653x | +45.18% |
| 2023-12-31 | CA$5.57 Million ≈ $4.03 Million |
CA$-6.63 Million ≈ $-4.80 Million |
-1.191x | -125.05% |
| 2022-12-31 | CA$10.43 Million ≈ $7.54 Million |
CA$-5.52 Million ≈ $-3.99 Million |
-0.529x | -65.32% |
| 2021-12-31 | CA$16.50 Million ≈ $11.94 Million |
CA$-5.28 Million ≈ $-3.82 Million |
-0.320x | -44.20% |
| 2020-12-31 | CA$24.55 Million ≈ $17.76 Million |
CA$-5.45 Million ≈ $-3.94 Million |
-0.222x | +10.84% |
| 2019-12-31 | CA$29.27 Million ≈ $21.17 Million |
CA$-7.29 Million ≈ $-5.27 Million |
-0.249x | -19.73% |
| 2018-12-31 | CA$38.33 Million ≈ $27.73 Million |
CA$-7.97 Million ≈ $-5.77 Million |
-0.208x | -17.61% |
| 2017-12-31 | CA$50.67 Million ≈ $36.65 Million |
CA$-8.96 Million ≈ $-6.48 Million |
-0.177x | +66.13% |
| 2016-12-31 | CA$10.32 Million ≈ $7.47 Million |
CA$-5.39 Million ≈ $-3.90 Million |
-0.522x | +77.47% |
| 2015-12-31 | CA$2.14 Million ≈ $1.55 Million |
CA$-4.96 Million ≈ $-3.59 Million |
-2.317x | +6.82% |
| 2014-12-31 | CA$2.79 Million ≈ $2.02 Million |
CA$-6.93 Million ≈ $-5.01 Million |
-2.487x | -187.90% |
| 2013-12-31 | CA$7.58 Million ≈ $5.48 Million |
CA$-6.55 Million ≈ $-4.74 Million |
-0.864x | -434.82% |
| 2012-12-31 | CA$14.35 Million ≈ $10.38 Million |
CA$-2.32 Million ≈ $-1.68 Million |
-0.162x | +69.37% |
| 2011-12-31 | CA$5.63 Million ≈ $4.08 Million |
CA$-2.97 Million ≈ $-2.15 Million |
-0.527x | -391.19% |
| 2010-12-31 | CA$5.68 Million ≈ $4.11 Million |
CA$-610.03K ≈ $-441.29K |
-0.107x | +81.24% |
| 2009-12-31 | CA$5.17 Million ≈ $3.74 Million |
CA$-2.96 Million ≈ $-2.14 Million |
-0.572x | +51.20% |
| 2008-12-31 | CA$3.45 Million ≈ $2.50 Million |
CA$-4.05 Million ≈ $-2.93 Million |
-1.173x | -840.16% |
| 2007-12-31 | CA$14.24 Million ≈ $10.30 Million |
CA$-1.78 Million ≈ $-1.28 Million |
-0.125x | -40.83% |
| 2006-12-31 | CA$8.61 Million ≈ $6.23 Million |
CA$-763.02K ≈ $-551.96K |
-0.089x | -82.54% |
| 2005-12-31 | CA$8.98 Million ≈ $6.50 Million |
CA$-435.75K ≈ $-315.22K |
-0.049x | +11.42% |
| 2004-12-31 | CA$9.14 Million ≈ $6.61 Million |
CA$-500.66K ≈ $-362.17K |
-0.055x | +47.71% |
| 2003-12-31 | CA$6.24 Million ≈ $4.51 Million |
CA$-653.50K ≈ $-472.73K |
-0.105x | -- |
About Golden Arrow Resources Corp
Golden Arrow Resources Corporation, a natural resource company, engages in the identification, acquisition, exploration, and development of mineral resource properties in South America. The company explores for iron, copper, gold, cobalt, and silver deposits. The company was founded in 2004 and is based in Vancouver, Canada.