Palisades Goldcorp Ltd. (PALI) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Palisades Goldcorp Ltd. (PALI) has a cash flow conversion efficiency ratio of 0.002x as of June 2024. 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$309.61K) by net assets (CA$136.54 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Palisades Goldcorp Ltd. - Cash Flow Conversion Efficiency Trend (2021–2022)
This chart illustrates how Palisades Goldcorp 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.
Palisades Goldcorp Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Palisades Goldcorp Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Lippo General Insurance Tbk
JK:LPGI
|
0.084x |
|
Shree Pushkar Chemicals & Fertilisers Limited
NSE:SHREEPUSHK
|
0.065x |
|
Studentbostader I Sverige AB
ST:STUDBO
|
0.013x |
|
Black Diamond Therapeutics Inc
NASDAQ:BDTX
|
-0.062x |
|
Rekor Systems Inc
NASDAQ:REKR
|
-0.133x |
|
Gezinomi Seyahat Turizm Ticaret AS
IS:GZNMI
|
0.366x |
|
Awardit AB
ST:AWRD
|
-0.008x |
|
SUI Group Holdings Limited
NASDAQ:SUIG
|
0.005x |
Annual Cash Flow Conversion Efficiency for Palisades Goldcorp Ltd. (2021–2022)
The table below shows the annual cash flow conversion efficiency of Palisades Goldcorp Ltd. from 2021 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | CA$217.38 Million | CA$-3.03 Million | -0.014x | +87.12% |
| 2021-12-31 | CA$393.97 Million | CA$-42.70 Million | -0.108x | -- |
About Palisades Goldcorp Ltd.
Palisades Goldcorp Ltd., a resource investment company and merchant bank, focuses on investing in junior companies in the resource and mining sector. The company was incorporated in 2019 and is based in Vancouver, Canada.