Labrador Gold Corp (LAB) - Cash Flow Conversion Efficiency
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) by net assets (CA$24.53 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
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. Explore and compare other companies by cash flow conversion efficiency.
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 |
|---|---|
|
GENFLOW BIOSCIENCES PLC
F:WQ5
|
N/A |
|
Edgewater Wireless Systems Inc
V:YFI
|
0.404x |
|
TZ Ltd
AU:TZL
|
0.218x |
|
Patel Integrated Logistics Limited
NSE:PATINTLOG
|
0.012x |
|
Data Storage Corp
NASDAQ:DTST
|
0.004x |
|
Sonnet Biotherapeutics Holdings Inc
NASDAQ:SONN
|
0.577x |
|
Miraculum SA
WAR:MIR
|
0.012x |
|
Banka BioLoo Limited
NSE:BANKA
|
0.140x |
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.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-09-30 | CA$31.31 Million | CA$-98.28K | -0.003x | +67.93% |
| 2023-09-30 | CA$48.64 Million | CA$-476.11K | -0.010x | +66.72% |
| 2022-09-30 | CA$48.93 Million | CA$-1.44 Million | -0.029x | -41.91% |
| 2021-09-30 | CA$44.78 Million | CA$-928.16K | -0.021x | +56.55% |
| 2020-09-30 | CA$13.57 Million | CA$-647.30K | -0.048x | -13534.17% |
| 2019-09-30 | CA$6.62 Million | CA$-2.32K | 0.000x | +99.65% |
| 2018-09-30 | CA$6.10 Million | CA$-609.66K | -0.100x | -35.21% |
| 2017-09-30 | CA$1.04 Million | CA$-77.06K | -0.074x | +31.09% |
| 2016-09-30 | CA$503.53K | CA$-54.03K | -0.107x | -- |
About Labrador Gold Corp
Labrador Gold Corp. engages in the acquisition and exploration of gold properties in the Americas. The company explores for copper and silver deposits. It owns 100% interest in the Borden Lake property that comprises 219 claims located in Chapleau, Ontario; and the Scotch property consists of 16 claims located in Moncton, New Brunswick. In addition, the company holds 100% interest in the Kingsway… Read more