Western Gold Exploration Ltd
Western Gold Exploration Ltd., through its subsidiaries, engages in the exploration and development of mineral properties in Scotland. The company explores for gold and copper deposits. It holds interest in the Lagalochan copper-gold porphyry project located in Kilmelford, Scotland; and Ardlochan Project located in the Lorne Porphyry District. Western Gold Exploration Ltd. is headquartered in Nor… Read more
Western Gold Exploration Ltd (WGLD) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.468x
Based on the latest financial reports, Western Gold Exploration Ltd (WGLD) has a cash flow conversion efficiency ratio of -0.468x 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$-388.00K) by net assets (CA$829.81K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Western Gold Exploration Ltd - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Western Gold Exploration Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Western Gold Exploration Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Western Gold Exploration Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Richy Place 2002 Public Company Limited
BK:RICHY
|
0.031x |
|
Stratabound Minerals Corp
OTCQB:SBMIF
|
-0.013x |
|
MM2 ASIA LTD
F:1MMA
|
N/A |
|
Lanakam S.A
AT:LANAC
|
0.007x |
|
1414 Degrees Ltd
AU:14D
|
-0.458x |
|
SecMark Consultancy Limited
NSE:SECMARK
|
-0.080x |
|
Kestrel Gold Inc
PINK:KSTBF
|
-0.032x |
|
PT Intiland Development Tbk
F:DIIA
|
-0.004x |
Annual Cash Flow Conversion Efficiency for Western Gold Exploration Ltd (2019–2024)
The table below shows the annual cash flow conversion efficiency of Western Gold Exploration Ltd from 2019 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$848.73K | CA$-1.67 Million | -1.969x | -66.89% |
| 2023-12-31 | CA$1.44 Million | CA$-1.70 Million | -1.180x | +10.86% |
| 2022-12-31 | CA$1.29 Million | CA$-1.71 Million | -1.324x | -1157.65% |
| 2021-12-31 | CA$5.85 Million | CA$-615.33K | -0.105x | -3.05% |
| 2020-12-31 | CA$6.26 Million | CA$-638.98K | -0.102x | -55.01% |
| 2019-12-31 | CA$2.47 Million | CA$-162.93K | -0.066x | -- |