Independence Gold Corp (IGO) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.056x

Based on the latest financial reports, Independence Gold Corp (IGO) has a cash flow conversion efficiency ratio of -0.056x as of March 2026. 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$-545.71K ≈ $-394.76K USD) by net assets (CA$9.75 Million ≈ $7.06 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see IGO market cap for the company's overall valuation and market capitalisation.

Independence Gold Corp - Cash Flow Conversion Efficiency Trend (2011–2025)

This chart illustrates how Independence Gold Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Independence Gold Corp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Independence Gold Corp ranked by their cash flow conversion efficiency. See IGO operating cash flow to total debt to evaluate how effectively operating cash flow covers total debt obligations.

Company	Cash Flow Conversion Efficiency
Pyung Hwa Hldg KO:010770	0.224x
Dimension Computer Technology Co Ltd TWO:6140	0.186x
3S KOREA Co. Ltd KQ:060310	-0.004x
Woowon Development Co. Ltd KQ:046940	0.063x
Impact Coatings publ AB ST:IMPC	-0.099x
Nureca Limited NSE:NURECA	0.022x
Drax Group PLC LSE:DRX	0.003x
AQUA SA ZY 16 F:9S0	0.020x

Annual Cash Flow Conversion Efficiency for Independence Gold Corp (2011–2025)

The table below shows the annual cash flow conversion efficiency of Independence Gold Corp from 2011 to 2025. View today's stock price for Independence Gold Corp for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CA$10.00 Million ≈ $7.24 Million	CA$-6.45 Million ≈ $-4.66 Million	-0.645x	-83.40%
2024-12-31	CA$12.98 Million ≈ $9.39 Million	CA$-4.56 Million ≈ $-3.30 Million	-0.351x	+20.58%
2023-12-31	CA$7.60 Million ≈ $5.50 Million	CA$-3.36 Million ≈ $-2.43 Million	-0.443x	-38.56%
2022-12-31	CA$5.71 Million ≈ $4.13 Million	CA$-1.82 Million ≈ $-1.32 Million	-0.319x	+22.57%
2021-12-31	CA$6.23 Million ≈ $4.50 Million	CA$-2.57 Million ≈ $-1.86 Million	-0.412x	-530.18%
2020-12-31	CA$13.33 Million ≈ $9.64 Million	CA$-872.49K ≈ $-631.14K	-0.065x	+36.76%
2019-12-31	CA$11.37 Million ≈ $8.22 Million	CA$-1.18 Million ≈ $-851.05K	-0.104x	-45.43%
2018-12-31	CA$12.77 Million ≈ $9.24 Million	CA$-909.04K ≈ $-657.58K	-0.071x	+53.25%
2017-12-31	CA$15.01 Million ≈ $10.86 Million	CA$-2.28 Million ≈ $-1.65 Million	-0.152x	-6.09%
2016-12-31	CA$17.16 Million ≈ $12.42 Million	CA$-2.46 Million ≈ $-1.78 Million	-0.143x	-25.74%
2015-12-31	CA$17.61 Million ≈ $12.74 Million	CA$-2.01 Million ≈ $-1.45 Million	-0.114x	-127.35%
2014-12-31	CA$20.73 Million ≈ $15.00 Million	CA$-1.04 Million ≈ $-752.80K	-0.050x	+54.62%
2013-12-31	CA$22.17 Million ≈ $16.04 Million	CA$-2.45 Million ≈ $-1.77 Million	-0.111x	+9.71%
2012-12-31	CA$25.14 Million ≈ $18.19 Million	CA$-3.08 Million ≈ $-2.23 Million	-0.123x	-19.56%
2011-12-31	CA$29.93 Million ≈ $21.65 Million	CA$-3.07 Million ≈ $-2.22 Million	-0.102x	--

About Independence Gold Corp

V:IGO Canada Gold

Market Cap

$35.32 Million

CA$48.83 Million CAD

Market Cap Rank

#23398 Global

#854 in Canada

Share Price

CA$0.19

Change (1 day)

+5.71%

52-Week Range

CA$0.08 - CA$0.21

All Time High

CA$0.49