Lake Victoria Gold Ltd. (LVG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Lake Victoria Gold Ltd. (LVG) has a cash flow conversion efficiency ratio of -0.030x 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$-470.82K) by net assets (CA$15.48 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Lake Victoria Gold Ltd. - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Lake Victoria Gold Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Lake Victoria Gold Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Lake Victoria Gold Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Brand Group (M.G) Ltd
TA:BRND
|
0.030x |
|
CDA S.A. ZY -10
F:6LC
|
N/A |
|
NAXS Nordic Access Buyout Fund AB
ST:NAXS
|
-0.003x |
|
Q linea AB
ST:QLINEA
|
-0.118x |
|
BWYS Group Berhad
KLSE:0313
|
-0.001x |
|
Thomas Scott (India) Limited
NSE:THOMASCOTT
|
-0.159x |
|
NH3 Clean Energy Ltd
AU:NH3
|
-0.760x |
|
Investment and Trading of Real Estate JSC
VN:ITC
|
N/A |
Annual Cash Flow Conversion Efficiency for Lake Victoria Gold Ltd. (2021–2024)
The table below shows the annual cash flow conversion efficiency of Lake Victoria Gold Ltd. from 2021 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$5.06 Million | CA$-775.96K | -0.153x | +55.86% |
| 2023-12-31 | CA$6.26 Million | CA$-2.17 Million | -0.347x | +54.86% |
| 2022-12-31 | CA$6.07 Million | CA$-4.67 Million | -0.769x | -261.93% |
| 2021-12-31 | CA$7.02 Million | CA$-1.49 Million | -0.213x | -- |
About Lake Victoria Gold Ltd.
Lake Victoria Gold Ltd., a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Tanzania. The company primarily explores for gold deposits. Its projects include the Tembo gold property located in the Lake Victoria goldfield district in northwest Tanzania; and the Imwelo Gold project located in the Lake Victoria Goldfields within the… Read more