Renegade Gold Inc.
Renegade Gold Inc. engages in the acquisition, exploration, and development of mineral properties primarily located in the Red Lake mining district of northern Ontario. It explores for gold and copper deposits. The company's flagship project is the 100% owned Newman Todd Project located to the Red Lake District. The company was formerly known as Trillium Gold Mines Inc. and changed its name to Re… Read more
Renegade Gold Inc. (RAGE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: -0.206x
Based on the latest financial reports, Renegade Gold Inc. (RAGE) has a cash flow conversion efficiency ratio of -0.206x as of March 2024.
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$-2.48 Million) by net assets (CA$12.05 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Renegade Gold Inc. - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how Renegade Gold Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Renegade Gold Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Renegade Gold Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Panda Eco System Berhad
KLSE:0290
|
0.077x |
|
Pacific Strategic Financial
JK:APIC
|
-0.063x |
|
Trinity Exploration & Production plc
PINK:TRXEF
|
0.046x |
|
Welsbach Technology Metals Acquisition Corp
NASDAQ:WTMA
|
0.018x |
|
Comarch SA
WAR:CMR
|
0.099x |
|
Bleuacacia Ltd
NASDAQ:BLEU
|
0.072x |
|
Vizione Holdings Bhd
KLSE:7070
|
-0.027x |
|
Kc Green Holdi
KO:009440
|
0.012x |
Annual Cash Flow Conversion Efficiency for Renegade Gold Inc. (2020–2023)
The table below shows the annual cash flow conversion efficiency of Renegade Gold Inc. from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | CA$15.73 Million | CA$-2.78 Million | -0.177x | +83.78% |
| 2022-06-30 | CA$11.25 Million | CA$-12.25 Million | -1.089x | -39.29% |
| 2021-06-30 | CA$14.92 Million | CA$-11.66 Million | -0.782x | -593.29% |
| 2020-06-30 | CA$5.41 Million | CA$-609.66K | -0.113x | -- |