Sky Gold Corp (SKYG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Sky Gold Corp (SKYG) has a cash flow conversion efficiency ratio of -0.102x 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$-29.85K ≈ $-21.59K USD) by net assets (CA$291.28K ≈ $210.70K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Sky Gold Corp - Cash Flow Conversion Efficiency Trend (2008–2025)
This chart illustrates how Sky Gold Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Sky Gold Corp balance sheet liabilities for a breakdown of total debt and financial obligations.
Sky Gold Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sky Gold Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Decoy Therapeutics Inc.
NASDAQ:DCOY
|
-0.193x |
|
Noratis AG
XETRA:NUVA
|
0.070x |
|
CubicFarm Systems Corp
V:CUB
|
0.012x |
|
Pembroke VCT PLC
LSE:PEMB
|
-0.007x |
|
Norden Crown Metals Corp
V:NOCR
|
-3.361x |
|
Singularity Future Technology Ltd
NASDAQ:SGLY
|
-4.756x |
|
Petrotal Corp
LSE:PTAL
|
0.035x |
|
Transatlantic Mining Corp
V:TCO
|
8.464x |
Annual Cash Flow Conversion Efficiency for Sky Gold Corp (2008–2025)
The table below shows the annual cash flow conversion efficiency of Sky Gold Corp from 2008 to 2025. For the full company profile with market capitalisation and key ratios, see how much is Sky Gold Corp worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-06-30 | CA$372.49K ≈ $269.45K |
CA$-281.70K ≈ $-203.78K |
-0.756x | -81.84% |
| 2024-06-30 | CA$820.12K ≈ $593.26K |
CA$-341.07K ≈ $-246.73K |
-0.416x | +62.22% |
| 2023-06-30 | CA$479.35K ≈ $346.75K |
CA$-527.65K ≈ $-381.69K |
-1.101x | -1212.74% |
| 2022-06-30 | CA$5.21 Million ≈ $3.77 Million |
CA$-437.25K ≈ $-316.30K |
-0.084x | +26.31% |
| 2021-06-30 | CA$5.67 Million ≈ $4.10 Million |
CA$-644.91K ≈ $-466.52K |
-0.114x | +72.55% |
| 2020-06-30 | CA$1.47 Million ≈ $1.07 Million |
CA$-610.38K ≈ $-441.54K |
-0.414x | -24.75% |
| 2019-06-30 | CA$2.59 Million ≈ $1.88 Million |
CA$-861.76K ≈ $-623.38K |
-0.332x | +2.12% |
| 2018-06-30 | CA$2.22 Million ≈ $1.61 Million |
CA$-753.61K ≈ $-545.15K |
-0.339x | +57.54% |
| 2017-06-30 | CA$1.42 Million ≈ $1.03 Million |
CA$-1.14 Million ≈ $-823.69K |
-0.799x | -160.48% |
| 2016-06-30 | CA$-121.05K ≈ $-87.57K |
CA$-160.01K ≈ $-115.75K |
1.322x | +448.71% |
| 2015-06-30 | CA$566.18K ≈ $409.57K |
CA$-214.61K ≈ $-155.25K |
-0.379x | -739.92% |
| 2014-06-30 | CA$-787.01K ≈ $-569.31K |
CA$-46.62K ≈ $-33.72K |
0.059x | -82.89% |
| 2013-06-30 | CA$-438.44K ≈ $-317.16K |
CA$-151.79K ≈ $-109.80K |
0.346x | +163.37% |
| 2012-06-30 | CA$2.05 Million ≈ $1.49 Million |
CA$-1.12 Million ≈ $-811.75K |
-0.546x | -30.83% |
| 2011-06-30 | CA$832.24K ≈ $602.03K |
CA$-347.51K ≈ $-251.38K |
-0.418x | +65.79% |
| 2010-06-30 | CA$75.86K ≈ $54.88K |
CA$-92.61K ≈ $-66.99K |
-1.221x | -359.80% |
| 2009-06-30 | CA$157.63K ≈ $114.03K |
CA$-41.85K ≈ $-30.27K |
-0.265x | -154.56% |
| 2008-06-30 | CA$61.25K ≈ $44.31K |
CA$-6.39K ≈ $-4.62K |
-0.104x | -- |
About Sky Gold Corp
Sky Gold Corp., a junior mineral exploration company, engages in the exploration and development of mineral properties in Canada and the United States. Its flagship project is the Evening Star Project located in Mineral County, Nevada. The company was formerly known as Sunvest Minerals Corp. and changed its name to Sky Gold Corp. in April 2019. Sky Gold Corp. was incorporated in 2008 and is based… Read more