Gold Basin Resources Corp (GXX) - Cash Flow Conversion Efficiency

Latest as of September 2024: 0.026x

Based on the latest financial reports, Gold Basin Resources Corp (GXX) has a cash flow conversion efficiency ratio of 0.026x as of September 2024. 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$510.77K ≈ $369.48K USD) by net assets (CA$19.35 Million ≈ $13.99 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Gold Basin Resources Corp - Cash Flow Conversion Efficiency Trend (2018–2023)

This chart illustrates how Gold Basin Resources Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read GXX current and long-term liabilities for a breakdown of total debt and financial obligations.

Gold Basin Resources Corp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Gold Basin Resources Corp ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
ASTROTECH CORP. F:SP5	N/A
Kane Biotech Inc V:KNE	0.880x
Beston Global Food Company Ltd AU:BFC	-1.028x
Kuke Music Holding Ltd NYSE:KUKE	-0.498x
ABM International Limited NSE:ABMINTLLTD	0.002x
ADDvise Group AB A ST:ADDV-A	0.032x
GoldOn Resources Ltd V:GLD	-0.098x
Enterprise Metals Ltd AU:ENT	-0.023x

Annual Cash Flow Conversion Efficiency for Gold Basin Resources Corp (2018–2023)

The table below shows the annual cash flow conversion efficiency of Gold Basin Resources Corp from 2018 to 2023. For the full company profile with market capitalisation and key ratios, see Gold Basin Resources Corp (GXX) total market value.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-12-31	CA$19.19 Million ≈ $13.88 Million	CA$-1.92 Million ≈ $-1.39 Million	-0.100x	-63.79%
2022-12-31	CA$19.06 Million ≈ $13.79 Million	CA$-1.17 Million ≈ $-843.16K	-0.061x	-0.68%
2021-12-31	CA$19.19 Million ≈ $13.88 Million	CA$-1.17 Million ≈ $-843.16K	-0.061x	+17.07%
2020-12-31	CA$15.33 Million ≈ $11.09 Million	CA$-1.12 Million ≈ $-812.14K	-0.073x	+85.50%
2019-12-31	CA$301.72K ≈ $218.26K	CA$-152.38K ≈ $-110.23K	-0.505x	-51.29%
2018-12-31	CA$156.49K ≈ $113.20K	CA$-52.24K ≈ $-37.79K	-0.334x	--

About Gold Basin Resources Corp

V:GXX Canada Gold

Market Cap

$4.24 Million

CA$5.86 Million CAD

Market Cap Rank

#28665 Global

#1330 in Canada

Share Price

CA$0.05

Change (1 day)

+0.00%

52-Week Range

CA$0.05 - CA$0.05

All Time High

CA$0.50