Visible Gold Mines Inc (VGD) - Cash Flow Conversion Efficiency

Latest as of January 2026: -0.072x

Based on the latest financial reports, Visible Gold Mines Inc (VGD) has a cash flow conversion efficiency ratio of -0.072x as of January 2026. 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$-188.33K ≈ $-136.23K USD) by net assets (CA$2.62 Million ≈ $1.90 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 Visible Gold Mines Inc to measure how much of total assets are equity-financed.

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. Check VGD operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

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
Mountview Estates PLC LSE:MTVW	0.060x
Galmed Pharmaceuticals Ltd NASDAQ:GLMD	-0.123x
Route1 Inc V:ROI	-0.683x
REY Resources Ltd AU:REY	-0.165x
Avricore Health Inc V:AVCR	-0.761x
Fragbite Group AB ST:FRAG	-0.211x
Fancy Wood Industries Public Company Limited BK:FANCY	0.011x
Hubify Ltd AU:HFY	0.055x

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. For the full company profile with market capitalisation and key ratios, see how much is Visible Gold Mines Inc worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-07-31	CA$-535.64K ≈ $-387.47K	CA$-138.22K ≈ $-99.99K	0.258x	-60.28%
2024-07-31	CA$-192.92K ≈ $-139.56K	CA$-125.34K ≈ $-90.67K	0.650x	+202.67%
2023-07-31	CA$541.53K ≈ $391.74K	CA$-342.68K ≈ $-247.89K	-0.633x	-187.18%
2022-07-31	CA$1.36 Million ≈ $981.79K	CA$-299.06K ≈ $-216.34K	-0.220x	-91.91%
2021-07-31	CA$5.43 Million ≈ $3.93 Million	CA$-624.03K ≈ $-451.41K	-0.115x	-993.81%
2020-07-31	CA$4.80 Million ≈ $3.47 Million	CA$61.68K ≈ $44.62K	0.013x	+128.75%
2019-07-31	CA$4.70 Million ≈ $3.40 Million	CA$-210.01K ≈ $-151.92K	-0.045x	-9.57%
2018-07-31	CA$7.85 Million ≈ $5.68 Million	CA$-320.16K ≈ $-231.60K	-0.041x	+9.53%
2017-07-31	CA$8.14 Million ≈ $5.89 Million	CA$-366.89K ≈ $-265.40K	-0.045x	+0.61%
2016-07-31	CA$8.81 Million ≈ $6.37 Million	CA$-399.39K ≈ $-288.91K	-0.045x	+19.69%
2015-07-31	CA$7.69 Million ≈ $5.56 Million	CA$-434.23K ≈ $-314.11K	-0.056x	-27.30%
2014-07-31	CA$9.87 Million ≈ $7.14 Million	CA$-437.89K ≈ $-316.76K	-0.044x	-93.59%
2013-07-31	CA$10.69 Million ≈ $7.73 Million	CA$-244.91K ≈ $-177.16K	-0.023x	+62.68%
2012-07-31	CA$13.22 Million ≈ $9.56 Million	CA$-811.67K ≈ $-587.15K	-0.061x	+42.34%
2011-07-31	CA$12.07 Million ≈ $8.73 Million	CA$-1.28 Million ≈ $-929.46K	-0.106x	-242.08%
2010-07-31	CA$4.59 Million ≈ $3.32 Million	CA$-142.96K ≈ $-103.42K	-0.031x	+69.70%
2009-07-31	CA$5.08 Million ≈ $3.68 Million	CA$-522.32K ≈ $-377.84K	-0.103x	-8.45%
2008-07-31	CA$5.10 Million ≈ $3.69 Million	CA$-483.22K ≈ $-349.55K	-0.095x	-329.67%
2007-07-31	CA$5.52 Million ≈ $3.99 Million	CA$-121.75K ≈ $-88.07K	-0.022x	--

About Visible Gold Mines Inc

V:VGD Canada Gold

Market Cap

$4.03 Million

CA$5.57 Million CAD

Market Cap Rank

#28937 Global

#1314 in Canada

Share Price

CA$0.15

Change (1 day)

+0.00%

52-Week Range

CA$0.07 - CA$0.23

All Time High

CA$0.55