Labrador Gold Corp (LAB) - Cash Flow Conversion Efficiency

Latest as of June 2025: -0.002x

Based on the latest financial reports, Labrador Gold Corp (LAB) has a cash flow conversion efficiency ratio of -0.002x as of June 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$-56.24K ≈ $-40.69K USD) by net assets (CA$24.53 Million ≈ $17.75 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 Labrador Gold Corp (LAB) balance sheet quality index to measure how much of total assets are equity-financed.

Labrador Gold Corp - Cash Flow Conversion Efficiency Trend (2016–2024)

This chart illustrates how Labrador Gold Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check LAB cash flow quality score to evaluate the quality of earnings relative to operating cash generation.

Labrador Gold Corp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Labrador Gold Corp ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Norwood Systems Ltd AU:NOR	-0.175x
WebRock Ventures AB ST:WRV	-0.007x
Turbo Energy, S.A. American Depositary Shares NASDAQ:TURB	-0.966x
Red Mountain Mining Ltd AU:RMX	-0.339x
Permaju Industries Bhd KLSE:7080	0.010x
Homebiogas Ltd TA:HMGS	-0.172x
Openlearning Ltd AU:OLL	0.356x
Aptorum Group Ltd Class A NASDAQ:APM	-0.039x

Annual Cash Flow Conversion Efficiency for Labrador Gold Corp (2016–2024)

The table below shows the annual cash flow conversion efficiency of Labrador Gold Corp from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Labrador Gold Corp.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-09-30	CA$31.31 Million ≈ $22.65 Million	CA$-98.28K ≈ $-71.09K	-0.003x	+67.93%
2023-09-30	CA$48.64 Million ≈ $35.18 Million	CA$-476.11K ≈ $-344.41K	-0.010x	+66.72%
2022-09-30	CA$48.93 Million ≈ $35.40 Million	CA$-1.44 Million ≈ $-1.04 Million	-0.029x	-41.91%
2021-09-30	CA$44.78 Million ≈ $32.39 Million	CA$-928.16K ≈ $-671.42K	-0.021x	+56.55%
2020-09-30	CA$13.57 Million ≈ $9.82 Million	CA$-647.30K ≈ $-468.25K	-0.048x	-13534.17%
2019-09-30	CA$6.62 Million ≈ $4.79 Million	CA$-2.32K ≈ $-1.68K	0.000x	+99.65%
2018-09-30	CA$6.10 Million ≈ $4.41 Million	CA$-609.66K ≈ $-441.02K	-0.100x	-35.21%
2017-09-30	CA$1.04 Million ≈ $753.80K	CA$-77.06K ≈ $-55.74K	-0.074x	+31.09%
2016-09-30	CA$503.53K ≈ $364.25K	CA$-54.03K ≈ $-39.09K	-0.107x	--

About Labrador Gold Corp

V:LAB Canada Gold

Market Cap

$7.38 Million

CA$10.20 Million CAD

Market Cap Rank

#27756 Global

#1195 in Canada

Share Price

CA$0.06

Change (1 day)

+9.09%

52-Week Range

CA$0.06 - CA$0.15

All Time High

CA$1.75