Visible Gold Mines Inc Cash Flow Conversion Efficiency
Visible Gold Mines Inc cash flow conversion efficiency. 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 ≈ $1.90 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Visible Gold Mines Inc (2007–2025)
Cash flow conversion efficiency of Visible Gold Mines Inc from 2007 to 2025. This chart illustrates how Visible Gold Mines Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Visible Gold Mines Inc stock quote for real-time trading data and today's change.
Visible Gold Mines Inc Cash Flow Conversion Ratio Explained
Visible Gold Mines Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Visible Gold Mines Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Visible Gold Mines Inc ranked by their cash flow conversion efficiency. Also see Visible Gold Mines Inc (VGD) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Pacte Novation
PA:MLPAC
|
N/A |
|
LDC Dental Public Company Limited
BK:LDC
|
0.022x |
|
Boutique Newcity Public Company Limited
BK:BTNC
|
0.008x |
|
Sequa Petroleum NV
PA:MLSEQ
|
0.008x |
|
Searchlight Resources Inc
V:SCLT
|
-0.141x |
|
Henderson High Income Trust
LSE:HHI
|
0.029x |
|
Project Planning Service Public Company Limited
BK:PPS
|
-0.045x |
|
Flash Sports & Media Holdings, Inc.
NASDAQ:FLZH
|
-0.014x |
Annual Cash Flow Conversion Efficiency for Visible Gold Mines Inc (2007–2025)
The table below shows the annual cash flow conversion efficiency of Visible Gold Mines Inc from 2007 to 2025. Review Visible Gold Mines Inc (VGD) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-07-31 | CA$-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
Visible Gold Mines Inc. engages in the acquisition and exploration of mineral properties in Canada. Its flagship property includes Horsefly property that comprises 392 mining claims located in the Eeyou Istchee James Bay region of Québec. The company primarily explores for gold and lithium deposits. Visible Gold Mines Inc. was incorporated in 2007 and is headquartered in Rouyn-Noranda, Canada.