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. See GXX days of operational coverage to measure how many days the company can operate on defensive assets alone.

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.

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
Beston Global Food Company Ltd AU:BFC	-1.028x
Kuke Music Holding Ltd NYSE:KUKE	-0.498x
Pittler Maschinenfabrik AG F:PIT	-0.017x
PREMIER AFRICAN MINERALS F:0PA	N/A
ABM International Limited NSE:ABMINTLLTD	0.002x
Lasa Supergenerics Limited NSE:LASA	0.005x
ADDvise Group AB A ST:ADDV-A	0.049x
Redhill Biopharma Ltd NASDAQ:RDHL	-0.588x

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

#28868 Global

#1325 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