Volcanic Gold Mines Inc (VG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Volcanic Gold Mines Inc (VG) has a cash flow conversion efficiency ratio of -0.208x 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$-373.67K) by net assets (CA$1.80 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Volcanic Gold Mines Inc - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Volcanic Gold Mines 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.
Volcanic Gold Mines Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Volcanic Gold Mines Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CN Asia Corporation Bhd
KLSE:7986
|
0.017x |
|
Aro Granite Industries Limited
NSE:AROGRANITE
|
0.086x |
|
EMU NL
AU:EMU
|
-0.047x |
|
Qualigen Therapeutics Inc
NASDAQ:QLGN
|
-0.056x |
|
7KU
F:7KU
|
-0.084x |
|
Videndum Plc
LSE:VID
|
-0.201x |
|
Melkior Resources Inc.
V:MKR
|
-0.097x |
|
Blue Coast Hotels Limited
NSE:BLUECOAST
|
0.010x |
Annual Cash Flow Conversion Efficiency for Volcanic Gold Mines Inc (2007–2024)
The table below shows the annual cash flow conversion efficiency of Volcanic Gold Mines Inc from 2007 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$964.92K | CA$-2.32 Million | -2.406x | -270.37% |
| 2023-12-31 | CA$3.43 Million | CA$-2.23 Million | -0.650x | -41.29% |
| 2022-12-31 | CA$5.68 Million | CA$-2.61 Million | -0.460x | -5.52% |
| 2021-12-31 | CA$8.37 Million | CA$-3.65 Million | -0.436x | -544.12% |
| 2020-12-31 | CA$11.72 Million | CA$-793.07K | -0.068x | +97.64% |
| 2019-12-31 | CA$101.06K | CA$-290.03K | -2.870x | -164.28% |
| 2018-12-31 | CA$-224.86K | CA$-1.00 Million | 4.465x | +496.67% |
| 2017-12-31 | CA$3.78 Million | CA$-4.25 Million | -1.126x | +22.87% |
| 2016-12-31 | CA$168.29K | CA$-245.58K | -1.459x | -741.95% |
| 2015-12-31 | CA$296.27K | CA$-51.35K | -0.173x | +67.75% |
| 2014-12-31 | CA$412.37K | CA$-221.58K | -0.537x | -289.07% |
| 2013-12-31 | CA$734.99K | CA$-101.51K | -0.138x | +34.01% |
| 2012-12-31 | CA$849.14K | CA$-177.71K | -0.209x | +39.69% |
| 2011-12-31 | CA$1.19 Million | CA$-412.50K | -0.347x | -115.36% |
| 2010-12-31 | CA$3.21 Million | CA$-517.44K | -0.161x | +8.07% |
| 2009-12-31 | CA$944.63K | CA$-165.57K | -0.175x | +16.65% |
| 2008-12-31 | CA$658.03K | CA$-138.38K | -0.210x | -113.37% |
| 2007-12-31 | CA$107.52K | CA$-10.60K | -0.099x | -- |
About Volcanic Gold Mines Inc
Volcanic Gold Mines Inc. together with its subsidiaries, engages in the acquisition, exploration, and evaluation of mineral properties in Guatemala. The company explores for gold and silver deposits. It holds 60% interest in the Holly and Motagua Norte gold-silver properties in Guatemala. The company was formerly known as Volcanic Metals Corp. and changed its name to Volcanic Gold Mines Inc. in J… Read more