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 debt-free asset ratio of True North Gems Inc to measure how much of total assets are equity-financed.

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. Check True North Gems Inc (TGX) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

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
Quartix Holdings Plc LSE:QTX	0.121x
Pineapple Financial Inc. NYSE:PAPL	0.471x
GO2 People Ltd AU:GO2	-0.007x
CONSOLE LABS SA ZY-10 F:9ZK	0.009x
CANNABIS POLAND AB ZY-10 F:8TE	-0.304x
KEFI Gold and Copper Plc LSE:KEFI	-0.170x
Wang & Lee Group, Inc. Ordinary Shares NASDAQ:WLGS	0.051x
Nusantara Inti Corpora Tbk JK:UNIT	-0.084x

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 True North Gems Inc (TGX) total market value.

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

$5.67 Million

CA$7.83 Million CAD

Market Cap Rank

#30324 Global

#1542 in Canada

Share Price

CA$0.70

Change (1 day)

+11.11%

52-Week Range

CA$0.13 - CA$0.84

All Time High

CA$180.00