K9 Gold Corp (KNC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, K9 Gold Corp (KNC) has a cash flow conversion efficiency ratio of -0.612x as of September 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$-178.75K) by net assets (CA$292.19K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
K9 Gold Corp - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how K9 Gold Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
K9 Gold Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of K9 Gold Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Foresight Solar Fund Ltd
LSE:FSFL
|
0.015x |
|
NEOLIFE EO -10
F:8JB
|
N/A |
|
Gungnir Resources Inc
V:GUG
|
-0.034x |
|
PolarCool AB (publ)
F:98H0
|
N/A |
|
Colipays Reunion SA
PA:MLCLP
|
N/A |
|
Asia Fiber Public Company Limited
BK:AFC
|
0.050x |
|
CirChem AB
ST:CIRCHE
|
0.045x |
|
Yggdrazil Group Public Company Limited
BK:YGG
|
-0.062x |
Annual Cash Flow Conversion Efficiency for K9 Gold Corp (2016–2024)
The table below shows the annual cash flow conversion efficiency of K9 Gold Corp from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$7.17K | CA$-243.29K | -33.937x | -40129.96% |
| 2023-12-31 | CA$6.59 Million | CA$-555.58K | -0.084x | +38.61% |
| 2022-12-31 | CA$8.82 Million | CA$-1.21 Million | -0.137x | +56.65% |
| 2021-12-31 | CA$8.11 Million | CA$-2.57 Million | -0.317x | +17.94% |
| 2020-12-31 | CA$4.09 Million | CA$-1.58 Million | -0.386x | -443.09% |
| 2019-12-31 | CA$1.56 Million | CA$-111.07K | -0.071x | +45.74% |
| 2018-12-31 | CA$1.59 Million | CA$-208.71K | -0.131x | +87.22% |
| 2017-12-31 | CA$120.15K | CA$-123.20K | -1.025x | +49.37% |
| 2016-12-31 | CA$27.02K | CA$-54.72K | -2.025x | -- |
About K9 Gold Corp
K9 Gold Corp. engages in the identification, acquisition, and exploration of mineral interests in Canada and the United States. It explores for gold, silver, vanadium, lithium, and uranium deposits. The company was formerly known as Global Vanadium Corp. and changed its name to K9 Gold Corp. in September 2020. K9 Gold Corp. was incorporated in 2007 and is headquartered in West Vancouver, Canada.