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$-410.00) by net assets (CA$-205.70K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
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. Explore and compare other companies by cash flow conversion efficiency.
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 |
|---|---|
|
Kestrel Gold Inc
V:KGC
|
-0.032x |
|
HAGA S/A Indústria e Comércio
SA:HAGA3
|
-0.081x |
|
Vast Renewables Limited Ordinary Shares
NASDAQ:VSTE
|
0.148x |
|
Begbies Traynor Group PLC
LSE:BEG
|
-0.014x |
|
Silver Castle Holdings Ltd
TA:SLCL
|
0.557x |
|
PT Lavender Bina Cendikia Tbk
JK:BMBL
|
0.013x |
|
Reinhold Europe AB
WAR:RHD
|
0.023x |
|
Odyssey Resources Limited
V:ODX-H
|
-0.155x |
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.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$-58.45K | CA$-74.14K | 1.268x | +3873.90% |
| 2023-12-31 | CA$2.51 Million | CA$-84.52K | -0.034x | -15.65% |
| 2022-12-31 | CA$2.54 Million | CA$-73.77K | -0.029x | +85.45% |
| 2021-12-31 | CA$2.61 Million | CA$-520.34K | -0.200x | +2.71% |
| 2020-12-31 | CA$2.87 Million | CA$-588.36K | -0.205x | -281.73% |
| 2019-12-31 | CA$1.96 Million | CA$-105.34K | -0.054x | +86.59% |
| 2018-12-31 | CA$1.68 Million | CA$-675.50K | -0.401x | +24.04% |
| 2017-12-31 | CA$745.09K | CA$-393.39K | -0.528x | -225.33% |
| 2016-12-31 | CA$-51.47K | CA$-21.68K | 0.421x | -80.97% |
| 2015-12-31 | CA$-69.57K | CA$-153.97K | 2.213x | +220.76% |
| 2014-12-31 | CA$191.89K | CA$-351.70K | -1.833x | -557.86% |
| 2013-12-31 | CA$575.64K | CA$-160.38K | -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.