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 1.871x as of March 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$-158.71K ≈ $-114.81K USD) by net assets (CA$-84.84K ≈ $-61.37K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Wescan Goldfields Inc (WGF) balance sheet quality index to measure how much of total assets are equity-financed.
Wescan Goldfields Inc - Cash Flow Conversion Efficiency Trend (2013–2025)
This chart illustrates how Wescan Goldfields Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Wescan Goldfields Inc to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
International Personal Finance PLC
LSE:IPF
|
-0.018x |
|
ALTECH ADV.MAT. NA O.N.
F:AMA
|
N/A |
|
Smart Powerr Corp
NASDAQ:CREG
|
0.017x |
|
CEA Industries Inc
NASDAQ:CEAD
|
-0.091x |
|
Nitro Games Oyj
ST:NITRO
|
0.317x |
|
Totally Hip Technologies Inc
V:THP
|
0.026x |
|
Highfield Resources Ltd
F:23H
|
-0.025x |
|
Eddy Smart Home Solutions Ltd
V:EDY
|
0.078x |
Annual Cash Flow Conversion Efficiency for Wescan Goldfields Inc (2013–2025)
The table below shows the annual cash flow conversion efficiency of Wescan Goldfields Inc from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see WGF market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$14.18K ≈ $10.25K |
CA$-163.48K ≈ $-118.26K |
-11.532x | -1549.32% |
| 2024-12-31 | CA$-221.46K ≈ $-160.20K |
CA$-176.21K ≈ $-127.47K |
0.796x | -86.95% |
| 2023-12-31 | CA$-53.31K ≈ $-38.57K |
CA$-325.14K ≈ $-235.20K |
6.099x | +662.69% |
| 2022-12-31 | CA$120.40K ≈ $87.10K |
CA$-130.50K ≈ $-94.40K |
-1.084x | -270.91% |
| 2021-12-31 | CA$-91.42K ≈ $-66.13K |
CA$-57.98K ≈ $-41.94K |
0.634x | -65.66% |
| 2020-12-31 | CA$-29.23K ≈ $-21.14K |
CA$-53.98K ≈ $-39.05K |
1.847x | +150.34% |
| 2019-12-31 | CA$29.33K ≈ $21.21K |
CA$-107.59K ≈ $-77.83K |
-3.669x | -345.51% |
| 2018-12-31 | CA$131.32K ≈ $95.00K |
CA$-108.14K ≈ $-78.23K |
-0.823x | -131.57% |
| 2017-12-31 | CA$-38.62K ≈ $-27.94K |
CA$-100.75K ≈ $-72.88K |
2.608x | +370.89% |
| 2016-12-31 | CA$57.07K ≈ $41.28K |
CA$-54.95K ≈ $-39.75K |
-0.963x | -288.53% |
| 2015-12-31 | CA$-240.18K ≈ $-173.75K |
CA$-122.67K ≈ $-88.74K |
0.511x | -48.98% |
| 2014-12-31 | CA$-387.39K ≈ $-280.23K |
CA$-387.78K ≈ $-280.51K |
1.001x | +112.54% |
| 2013-12-31 | CA$-659.03K ≈ $-476.73K |
CA$-310.39K ≈ $-224.53K |
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 lake Gold property covering an area of 198 hectares; the Munro Lake Gold property consists of mineral dispositions covering 2,480 hectares; and the Fork Lake/Jasper/Tamar Gold property consisting of miner… Read more