Maple Gold Mines Ltd (MGM) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Maple Gold Mines Ltd (MGM) has a cash flow conversion efficiency ratio of -0.062x 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$-464.73K) by net assets (CA$7.45 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Maple Gold Mines Ltd - Cash Flow Conversion Efficiency Trend (2010–2024)
This chart illustrates how Maple Gold Mines 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.
Maple Gold Mines Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Maple Gold Mines Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Pioneer Floating Rate Trust
NYSE:PHD
|
0.054x |
|
Jiayin Group Inc
NASDAQ:JFIN
|
0.788x |
|
Tarsons Products Limited
NSE:TARSONS
|
0.032x |
|
Mincon Group plc
IR:MIO
|
0.007x |
|
Cardiff Oncology Inc
NASDAQ:CRDF
|
-0.131x |
|
Waldencast Acquisition Corp
NASDAQ:WALD
|
-0.003x |
|
Power Root Bhd
KLSE:7237
|
0.081x |
|
GAM Holding AG
SW:GAM
|
-0.481x |
Annual Cash Flow Conversion Efficiency for Maple Gold Mines Ltd (2010–2024)
The table below shows the annual cash flow conversion efficiency of Maple Gold Mines Ltd from 2010 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$5.21 Million | CA$-4.25 Million | -0.815x | +59.85% |
| 2023-12-31 | CA$3.03 Million | CA$-6.15 Million | -2.031x | -56.88% |
| 2022-12-31 | CA$9.30 Million | CA$-12.04 Million | -1.294x | -445.57% |
| 2021-12-31 | CA$17.90 Million | CA$-4.25 Million | -0.237x | -28.87% |
| 2020-12-31 | CA$19.10 Million | CA$-3.52 Million | -0.184x | +68.03% |
| 2019-12-31 | CA$3.32 Million | CA$-1.91 Million | -0.576x | +77.98% |
| 2018-12-31 | CA$3.59 Million | CA$-9.38 Million | -2.615x | +23.95% |
| 2017-12-31 | CA$3.12 Million | CA$-10.72 Million | -3.438x | -463.24% |
| 2016-12-31 | CA$4.33 Million | CA$-2.64 Million | -0.610x | -108.51% |
| 2015-12-31 | CA$-94.31K | CA$-676.28K | 7.171x | +30507.44% |
| 2014-12-31 | CA$28.77 Million | CA$674.00K | 0.023x | +710.63% |
| 2013-12-31 | CA$29.04 Million | CA$-111.41K | -0.004x | +75.04% |
| 2012-12-31 | CA$28.06 Million | CA$-431.29K | -0.015x | +48.33% |
| 2011-12-31 | CA$24.74 Million | CA$-736.07K | -0.030x | +59.29% |
| 2010-12-31 | CA$5.88 Million | CA$-429.48K | -0.073x | -- |
About Maple Gold Mines Ltd
Maple Gold Mines Ltd. operates as a gold exploration company in Canada. Its flagship project is the Douay gold project consists of 691 claims covering an area of approximately 400 square kilometers located in the Casa Berardi deformation zone in the Abitibi Greenstone Belt of northern Quebec. The company was formerly known as Aurvista Gold Corporation and changed its name to Maple Gold Mines Ltd.… Read more