Providence Gold Mines (PHD) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Providence Gold Mines (PHD) has a cash flow conversion efficiency ratio of 0.002x 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$-410.00 ≈ $-296.59 USD) by net assets (CA$-205.70K ≈ $-148.80K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of Providence Gold Mines to measure how much of total assets are equity-financed.
Providence Gold Mines - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Providence Gold Mines's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check PHD cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Providence Gold Mines Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Providence Gold Mines ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Site Group International Ltd
AU:SIT
|
0.088x |
|
Mountain Province Diamonds Inc
TO:MPVD
|
2.361x |
|
Limas Indonesia Makmur Tbk
JK:LMAS
|
0.000x |
|
Percheron Therapeutics Ltd
AU:PER
|
-0.716x |
|
China Aoyuan Group Limited
F:47C
|
-0.067x |
|
Amedeo Air Four Plus Limited
LSE:AA4
|
0.270x |
|
Club De Futbol Intercity Sad
MC:CITY
|
0.745x |
|
ETRUSCUS RESOURCES CORP.
F:ERR
|
-0.014x |
Annual Cash Flow Conversion Efficiency for Providence Gold Mines (2013–2024)
The table below shows the annual cash flow conversion efficiency of Providence Gold Mines from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see Providence Gold Mines (PHD) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$-58.45K ≈ $-42.28K |
CA$-74.14K ≈ $-53.63K |
1.268x | +3873.90% |
| 2023-12-31 | CA$2.51 Million ≈ $1.82 Million |
CA$-84.52K ≈ $-61.14K |
-0.034x | -15.65% |
| 2022-12-31 | CA$2.54 Million ≈ $1.84 Million |
CA$-73.77K ≈ $-53.36K |
-0.029x | +85.45% |
| 2021-12-31 | CA$2.61 Million ≈ $1.88 Million |
CA$-520.34K ≈ $-376.40K |
-0.200x | +2.71% |
| 2020-12-31 | CA$2.87 Million ≈ $2.07 Million |
CA$-588.36K ≈ $-425.61K |
-0.205x | -281.73% |
| 2019-12-31 | CA$1.96 Million ≈ $1.42 Million |
CA$-105.34K ≈ $-76.20K |
-0.054x | +86.59% |
| 2018-12-31 | CA$1.68 Million ≈ $1.22 Million |
CA$-675.50K ≈ $-488.64K |
-0.401x | +24.04% |
| 2017-12-31 | CA$745.09K ≈ $538.99K |
CA$-393.39K ≈ $-284.57K |
-0.528x | -225.33% |
| 2016-12-31 | CA$-51.47K ≈ $-37.23K |
CA$-21.68K ≈ $-15.68K |
0.421x | -80.97% |
| 2015-12-31 | CA$-69.57K ≈ $-50.32K |
CA$-153.97K ≈ $-111.38K |
2.213x | +220.76% |
| 2014-12-31 | CA$191.89K ≈ $138.81K |
CA$-351.70K ≈ $-254.42K |
-1.833x | -557.86% |
| 2013-12-31 | CA$575.64K ≈ $416.41K |
CA$-160.38K ≈ $-116.01K |
-0.279x | -- |
About Providence Gold Mines
Providence Gold Mines Inc., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties located in Canada and the United States. The company was formerly known as Red Hut Metals Inc. and changed its name to Providence Gold Mines Inc. in July 2017. Providence Gold Mines Inc. was incorporated in 2010 and is based in Surrey, Canada.