Visible Gold Mines Inc (VGD) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Visible Gold Mines Inc (VGD) has a cash flow conversion efficiency ratio of -0.343x as of October 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$-661.04K) by net assets (CA$1.93 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Visible Gold Mines Inc - Cash Flow Conversion Efficiency Trend (2007–2025)
This chart illustrates how Visible Gold Mines Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Visible Gold Mines Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Visible Gold Mines Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mclaren Minerals Ltd
AU:MML
|
-0.106x |
|
Horizon Petroleum Ltd
V:HPL
|
0.023x |
|
City Office
NYSE:CIO
|
0.022x |
|
ROVSING AS IN. DK 50
F:RVY
|
N/A |
|
Emico Holdings Bhd
KLSE:9091
|
0.123x |
|
Whitebark Energy Ltd
AU:WBE
|
0.308x |
|
Pittler Maschinenfabrik AG
F:PIT
|
-0.018x |
|
Cipta Selera Murni Pt
JK:CSMI
|
-0.068x |
Annual Cash Flow Conversion Efficiency for Visible Gold Mines Inc (2007–2025)
The table below shows the annual cash flow conversion efficiency of Visible Gold Mines Inc from 2007 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-07-31 | CA$-535.64K | CA$-138.22K | 0.258x | -60.28% |
| 2024-07-31 | CA$-192.92K | CA$-125.34K | 0.650x | +202.67% |
| 2023-07-31 | CA$541.53K | CA$-342.68K | -0.633x | -187.18% |
| 2022-07-31 | CA$1.36 Million | CA$-299.06K | -0.220x | -91.91% |
| 2021-07-31 | CA$5.43 Million | CA$-624.03K | -0.115x | -993.81% |
| 2020-07-31 | CA$4.80 Million | CA$61.68K | 0.013x | +128.75% |
| 2019-07-31 | CA$4.70 Million | CA$-210.01K | -0.045x | -9.57% |
| 2018-07-31 | CA$7.85 Million | CA$-320.16K | -0.041x | +9.53% |
| 2017-07-31 | CA$8.14 Million | CA$-366.89K | -0.045x | +0.61% |
| 2016-07-31 | CA$8.81 Million | CA$-399.39K | -0.045x | +19.69% |
| 2015-07-31 | CA$7.69 Million | CA$-434.23K | -0.056x | -27.30% |
| 2014-07-31 | CA$9.87 Million | CA$-437.89K | -0.044x | -93.59% |
| 2013-07-31 | CA$10.69 Million | CA$-244.91K | -0.023x | +62.68% |
| 2012-07-31 | CA$13.22 Million | CA$-811.67K | -0.061x | +42.34% |
| 2011-07-31 | CA$12.07 Million | CA$-1.28 Million | -0.106x | -242.08% |
| 2010-07-31 | CA$4.59 Million | CA$-142.96K | -0.031x | +69.70% |
| 2009-07-31 | CA$5.08 Million | CA$-522.32K | -0.103x | -8.45% |
| 2008-07-31 | CA$5.10 Million | CA$-483.22K | -0.095x | -329.67% |
| 2007-07-31 | CA$5.52 Million | CA$-121.75K | -0.022x | -- |
About Visible Gold Mines Inc
Visible Gold Mines Inc. engages in the acquisition and exploration of mineral properties in Canada. The company primarily explores for gold and lithium deposits. Visible Gold Mines Inc. was incorporated in 2007 and is headquartered in Rouyn-Noranda, Canada.