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 equity financing ratio to measure how much of total assets are equity-financed.

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. Check Gold Basin Resources Corp (GXX) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

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
Pomvom TA:PMVM	0.429x
Beston Global Food Company Ltd AU:BFC	-1.028x
Kuke Music Holding Ltd NYSE:KUKE	-0.498x
Pittler Maschinenfabrik AG F:PIT	-0.017x
Morarjee Textiles Limited NSE:MORARJEE	-0.006x
ADDvise Group AB A ST:ADDV-A	0.049x
Domec Compania de Artefactos Domesticos SAIC y F BA:DOME	-0.048x
MRG Metals Ltd AU:MRQ	-0.043x

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 market capitalisation.

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

#28852 Global

#1306 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