Providence Gold Mines (PHD) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.002x

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 Providence Gold Mines liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

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.

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
Asdion Bhd KLSE:0068	0.009x
Galore Resources Inc V:GRI	0.009x
Century Global Commodities Corp TO:CNT	-0.047x
NT Minerals Ltd AU:NTM	-0.063x
Dolfines SAS PA:ALDOL	0.141x
Bluechiip Ltd AU:BCT	-3.489x
Clear Blue Technologies International Inc V:CBLU	0.126x
Sherborne Investors Guernsey C Ltd LSE:SIGC	-0.005x

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 PHD market cap overview.

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

V:PHD Canada Gold

Market Cap

$2.56 Million

CA$3.54 Million CAD

Market Cap Rank

#29589 Global

#1456 in Canada

Share Price

CA$0.05

Change (1 day)

+0.00%

52-Week Range

CA$0.02 - CA$0.09

All Time High

CA$0.38