Independence Gold Corp Cash Flow Conversion Efficiency

Latest as of March 2026: -0.056x

Independence Gold Corp cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of Independence Gold Corp from 2011 to 2025. This chart illustrates how Independence Gold Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Independence Gold Corp stock price for real-time trading data and today's change.

Independence Gold Corp Cash Flow Conversion Ratio Explained

Independence Gold Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see IGO market cap for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
VenHub Global, Inc. NASDAQ:VHUB	68.721x
SD SYSTEM Co. Ltd KQ:121890	-0.098x
Wing Yip Food Holdings Group Limited American Depositary Shares NASDAQ:WYHG	0.045x
GTN Ltd AU:GTN	0.143x
Pulsenmore Ltd TA:PULS	-0.196x
Indofarma Tbk JK:INAF	0.021x
ZICOM Group Ltd AU:ZGL	0.499x
Asia Economy Daily Co Ltd KQ:127710	0.065x

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. Review Independence Gold Corp free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.

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

$22.91 Million

CA$31.67 Million CAD

Market Cap Rank

#24514 Global

#920 in Canada

Share Price

CA$0.12

Change (1 day)

+0.00%

52-Week Range

CA$0.08 - CA$0.21

All Time High

CA$0.49