True North Gems Inc (TGX) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.001x

Based on the latest financial reports, True North Gems Inc (TGX) has a cash flow conversion efficiency ratio of 0.001x 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$-4.03K ≈ $-2.92K USD) by net assets (CA$-7.10 Million ≈ $-5.13 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 True North Gems Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

True North Gems Inc - Cash Flow Conversion Efficiency Trend (2013–2024)

This chart illustrates how True North Gems Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.

True North Gems Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of True North Gems Inc ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Peel Hunt Ltd LSE:PEEL	0.134x
Pineapple Financial Inc. NYSE:PAPL	0.471x
Aminex PLC LSE:AEX	-0.032x
GO2 People Ltd AU:GO2	-0.007x
Smart Agro LP TA:SMAG	-0.029x
Wang & Lee Group, Inc. Ordinary Shares NASDAQ:WLGS	0.051x
Nusantara Inti Corpora Tbk JK:UNIT	-0.084x
Dragon Mountain Gold Ltd AU:DMG	-0.204x

Annual Cash Flow Conversion Efficiency for True North Gems Inc (2013–2024)

The table below shows the annual cash flow conversion efficiency of True North Gems Inc from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see how much is True North Gems Inc worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$-6.87 Million ≈ $-4.97 Million	CA$-6.07K ≈ $-4.39K	0.001x	+135.61%
2023-12-31	CA$-6.71 Million ≈ $-4.85 Million	CA$16.66K ≈ $12.05K	-0.002x	-101.91%
2022-12-31	CA$-6.38 Million ≈ $-4.61 Million	CA$-830.42K ≈ $-600.71K	0.130x	-14.35%
2021-12-31	CA$-5.46 Million ≈ $-3.95 Million	CA$-830.42K ≈ $-600.71K	0.152x	+1650.80%
2020-12-31	CA$-5.98 Million ≈ $-4.33 Million	CA$-51.90K ≈ $-37.55K	0.009x	-95.59%
2019-12-31	CA$-4.49 Million ≈ $-3.25 Million	CA$-883.46K ≈ $-639.08K	0.197x	+472.94%
2018-12-31	CA$-5.77 Million ≈ $-4.18 Million	CA$304.58K ≈ $220.33K	-0.053x	-473.58%
2017-12-31	CA$-4.86 Million ≈ $-3.52 Million	CA$-68.67K ≈ $-49.67K	0.014x	-98.60%
2016-12-31	CA$-868.84K ≈ $-628.50K	CA$-876.21K ≈ $-633.83K	1.008x	+1845.77%
2015-12-31	CA$42.69 Million ≈ $30.88 Million	CA$-2.47 Million ≈ $-1.78 Million	-0.058x	+13.09%
2014-12-31	CA$29.32 Million ≈ $21.21 Million	CA$-1.95 Million ≈ $-1.41 Million	-0.066x	-2.16%
2013-12-31	CA$22.75 Million ≈ $16.46 Million	CA$-1.48 Million ≈ $-1.07 Million	-0.065x	--

About True North Gems Inc

V:TGX Canada Other Precious Metals & Mining

Market Cap

$5.02 Million

CA$6.94 Million CAD

Market Cap Rank

#30282 Global

#1546 in Canada

Share Price

CA$0.62

Change (1 day)

-4.62%

52-Week Range

CA$0.13 - CA$0.73

All Time High

CA$180.00