QcX Gold Corp Cash Flow Conversion Efficiency
QcX Gold Corp cash flow conversion efficiency. Based on the latest financial reports, QcX Gold Corp (QCX) has a cash flow conversion efficiency ratio of -0.031x 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$-140.68K ≈ $-101.76K USD) by net assets (CA$4.58 Million ≈ $3.31 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of QcX Gold Corp (2016–2024)
Cash flow conversion efficiency of QcX Gold Corp from 2016 to 2024. This chart illustrates how QcX Gold Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View QcX Gold Corp share price for real-time trading data and today's change.
QcX Gold Corp Cash Flow Conversion Ratio Explained
QcX Gold Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
QcX Gold Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of QcX Gold Corp ranked by their cash flow conversion efficiency. Also see QcX Gold Corp (QCX) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Professional Diversity Network Inc
NASDAQ:IPDN
|
-27.134x |
|
Quest PharmaTech Inc
V:QPT
|
-0.002x |
|
Fuller Smith & Turner
LSE:FSTA
|
0.093x |
|
Avacta Group PLC
LSE:AVCT
|
-93.806x |
|
Albion Technology & General VCT PLC
LSE:AATG
|
-0.004x |
|
Glacier Lake Resources Inc
V:GLI
|
0.010x |
|
Devernois SA
PA:ALDEV
|
0.102x |
|
Krida Jaringan Nusantara Tbk PT
JK:KJEN
|
0.001x |
Annual Cash Flow Conversion Efficiency for QcX Gold Corp (2016–2024)
The table below shows the annual cash flow conversion efficiency of QcX Gold Corp from 2016 to 2024. Review QCX cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$4.00 Million ≈ $2.89 Million |
CA$-150.04K ≈ $-108.54K |
-0.038x | +18.09% |
| 2023-12-31 | CA$4.18 Million ≈ $3.02 Million |
CA$-191.34K ≈ $-138.41K |
-0.046x | -603.60% |
| 2022-12-31 | CA$3.88 Million ≈ $2.81 Million |
CA$35.33K ≈ $25.56K |
0.009x | +108.41% |
| 2021-12-31 | CA$4.04 Million ≈ $2.92 Million |
CA$-436.84K ≈ $-316.00K |
-0.108x | +10.66% |
| 2020-12-31 | CA$3.38 Million ≈ $2.45 Million |
CA$-409.55K ≈ $-296.26K |
-0.121x | -111.45% |
| 2019-12-31 | CA$-800.74K ≈ $-579.24K |
CA$-846.40K ≈ $-612.27K |
1.057x | +18633.97% |
| 2018-12-31 | CA$-1.77 Million ≈ $-1.28 Million |
CA$10.07K ≈ $7.29K |
-0.006x | +72.63% |
| 2017-12-31 | CA$581.34K ≈ $420.53K |
CA$-12.12K ≈ $-8.76K |
-0.021x | +85.32% |
| 2016-12-31 | CA$976.24K ≈ $706.19K |
CA$-138.56K ≈ $-100.23K |
-0.142x | -- |
About QcX Gold Corp
QcX Gold Corp., a junior mining company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold and volcanic massive sulphide deposits. It holds 100% interests in the Golden Giant project, which covers an area of approximately 18,992 hectares located in the James Bay region of Quebec; an option agreement to acquire 100% in… Read more