Solstice Gold Corp (SGC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Solstice Gold Corp (SGC) has a cash flow conversion efficiency ratio of -0.906x as of March 2026. 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$-470.97K ≈ $-340.69K USD) by net assets (CA$519.64K ≈ $375.90K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of Solstice Gold Corp to measure how much of total assets are equity-financed.
Solstice Gold Corp - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Solstice Gold Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Solstice Gold Corp cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Solstice Gold Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Solstice Gold Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Skyline Investment S.A.
WAR:SKL
|
-0.002x |
|
LZ Technology Holdings Limited Class B Ordinary Shares
NASDAQ:LZMH
|
N/A |
|
Federal International Holdings Bhd
KLSE:8605
|
-0.049x |
|
Axolot Solutions Holding AB
ST:AXOLOT
|
-0.008x |
|
Mainz Biomed BV
NASDAQ:MYNZ
|
-6.957x |
|
ECP Emerging Growth Ltd
AU:ECP
|
-0.023x |
|
Saxlund Group AB
ST:SAXG
|
-0.028x |
|
ECOUP OYJ EO 1
F:62H
|
N/A |
Annual Cash Flow Conversion Efficiency for Solstice Gold Corp (2017–2024)
The table below shows the annual cash flow conversion efficiency of Solstice Gold Corp from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see SGC stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | CA$361.17K ≈ $261.26K |
CA$-920.01K ≈ $-665.52K |
-2.547x | +33.30% |
| 2023-06-30 | CA$999.52K ≈ $723.04K |
CA$-3.82 Million ≈ $-2.76 Million |
-3.819x | -25.76% |
| 2022-06-30 | CA$1.79 Million ≈ $1.30 Million |
CA$-5.45 Million ≈ $-3.94 Million |
-3.037x | -352.67% |
| 2021-06-30 | CA$580.32K ≈ $419.79K |
CA$-389.33K ≈ $-281.64K |
-0.671x | -1528.30% |
| 2020-06-30 | CA$16.46 Million ≈ $11.91 Million |
CA$-678.10K ≈ $-490.53K |
-0.041x | +60.61% |
| 2019-06-30 | CA$15.70 Million ≈ $11.36 Million |
CA$-1.64 Million ≈ $-1.19 Million |
-0.105x | -265.10% |
| 2018-06-30 | CA$15.56 Million ≈ $11.25 Million |
CA$-445.65K ≈ $-322.38K |
-0.029x | -100.01% |
| 2017-06-30 | CA$-1.06K ≈ $-768.23 |
CA$-445.65K ≈ $-322.38K |
419.635x | -- |
About Solstice Gold Corp
Solstice Gold Corp., an exploration company, engages in the exploration for and development of mineral resource properties in Canada. It primarily explores for gold and lithium deposits. The company was formerly known as Dunnedin Gold Inc. and changed its name to Solstice Gold Corp. in September 2017. Solstice Gold Corp. was incorporated in 2017 and is headquartered in Vancouver, Canada.