Wescan Goldfields Inc (WGF) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Wescan Goldfields Inc (WGF) has a cash flow conversion efficiency ratio of 0.219x 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$-95.27K) by net assets (CA$-434.10K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Wescan Goldfields Inc - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Wescan Goldfields 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.
Wescan Goldfields Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Wescan Goldfields Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Zero Candida Technologies Inc.
V:ZCT
|
N/A |
|
Omega Therapeutics Inc
NASDAQ:OMGA
|
-1.214x |
|
Silver Predator Corp
V:SPD
|
-0.013x |
|
Generation Gold Corp.
V:GEN
|
N/A |
|
Icon Energy Corp.
NASDAQ:ICON
|
0.070x |
|
Olivut Resources Ltd
V:OLV
|
-0.350x |
|
Sherborne Investors Guernsey C Ltd
LSE:SIGC
|
-0.005x |
|
Sanichi Technology Bhd
KLSE:0133
|
0.025x |
Annual Cash Flow Conversion Efficiency for Wescan Goldfields Inc (2013–2024)
The table below shows the annual cash flow conversion efficiency of Wescan Goldfields Inc from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$-221.46K | CA$-176.21K | 0.796x | -86.95% |
| 2023-12-31 | CA$-53.31K | CA$-325.14K | 6.099x | +662.69% |
| 2022-12-31 | CA$120.40K | CA$-130.50K | -1.084x | -270.91% |
| 2021-12-31 | CA$-91.42K | CA$-57.98K | 0.634x | -65.66% |
| 2020-12-31 | CA$-29.23K | CA$-53.98K | 1.847x | +150.34% |
| 2019-12-31 | CA$29.33K | CA$-107.59K | -3.669x | -345.51% |
| 2018-12-31 | CA$131.32K | CA$-108.14K | -0.823x | -131.57% |
| 2017-12-31 | CA$-38.62K | CA$-100.75K | 2.608x | +370.89% |
| 2016-12-31 | CA$57.07K | CA$-54.95K | -0.963x | -288.53% |
| 2015-12-31 | CA$-240.18K | CA$-122.67K | 0.511x | -48.98% |
| 2014-12-31 | CA$-387.39K | CA$-387.78K | 1.001x | +112.54% |
| 2013-12-31 | CA$-659.03K | CA$-310.39K | 0.471x | -- |
About Wescan Goldfields Inc
Wescan Goldfields Inc., a mineral exploration company, focuses on acquisition and exploration of properties in Canada. The company explores for gold deposits. It holds 100% interest in the Jojay Gold property consisting of five claim blocks covering approximately an area of 1,496 hectares; the Munro Lake Gold property consists of mineral dispositions covering 2,480 hectares; and the Fork Lake/Jas… Read more