Independence Gold Corp (IGO) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Independence Gold Corp (IGO) has a cash flow conversion efficiency ratio of -0.075x as of December 2025. 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$-754.34K ≈ $-545.68K USD) by net assets (CA$10.00 Million ≈ $7.24 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 Independence Gold Corp defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Konsolidator AS
CO:KONSOL
|
0.165x |
|
Hunesion Co.Ltd
KQ:290270
|
0.012x |
|
Volt Power Group Ltd
AU:VPR
|
0.043x |
|
Han Express
KO:014130
|
0.053x |
|
Daelim Trading
KO:006570
|
-0.034x |
|
London City Equities Ltd
AU:LCE
|
-0.198x |
|
Everest Metals Corporation Ltd
AU:EMC
|
0.027x |
|
Hang Feng Technology Innovation Co., Ltd.
NASDAQ:FOFO
|
N/A |
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. For the full company profile with market capitalisation and key ratios, see IGO stock market capitalisation.
| 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
Independence Gold Corp. engages in the acquisition, exploration, and evaluation of precious metal properties in North America. It explores for gold and silver deposits. The company holds 100% interests in the 3Ts project comprising eight contiguous claim groups that consist of thirty-one mineral claims covering an area of approximately 35,486 hectares located in the Nechako Plateau region of cent… Read more