QcX Gold Corp (QCX) - 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. See QCX net asset quality index to measure how much of total assets are equity-financed.
QcX Gold Corp - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how QcX Gold Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check QCX cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Oryx International Growth Fund
LSE:OIG
|
0.003x |
|
Solar Alliance Energy Inc
V:SOLR
|
0.001x |
|
MACDONALD MNS EXPL. A
F:3M7
|
N/A |
|
Edible Garden AG Inc
NASDAQ:EDBL
|
0.028x |
|
Hadasit Bio
TA:HDST
|
-0.033x |
|
Blackrock Energy and Resources Income Trust PLC
LSE:BERI
|
0.014x |
|
Fsport AB
ST:FSPORT
|
0.215x |
|
Vision Lithium Inc
V:VLI
|
-0.007x |
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. For the full company profile with market capitalisation and key ratios, see QcX Gold Corp (QCX) total market value.
| 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