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 how many days can Visible Gold Mines Inc fund operations to measure how many days the company can operate on defensive assets alone.

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.

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
Trucknet Enterprise Ltd TA:TRAN	N/A
2CUREX AB SEK-10 F:2QE	N/A
Invibes Advertising NV PA:ALINV	-0.215x
Iveda Solutions Inc NASDAQ:IVDA	-0.053x
NedSense Enterprises NV AS:NEDSE	0.068x
Frp Advisory Group Plc LSE:FRP	0.275x
IPB Petroleum Ltd AU:IPB	0.000x
Mare Nostrum PA:ALMAR	-0.054x

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 Visible Gold Mines Inc (VGD) total market value.

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

$3.63 Million

CA$5.02 Million CAD

Market Cap Rank

#29149 Global

#1372 in Canada

Share Price

CA$0.14

Change (1 day)

-3.57%

52-Week Range

CA$0.07 - CA$0.23

All Time High

CA$0.55