Western Gold Exploration Ltd (WGLD) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-280.67K USD) by net assets (CA$829.81K ≈ $600.27K 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 leveraged is Western Gold Exploration Ltd's balance sheet to measure how much of total assets are equity-financed.

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. Check how aggressively does Western Gold Exploration Ltd reinvest cash to assess the company's total reinvestment commitment from operating cash flow.

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
TTL Beteiligungs- und Grundbesitz-AG F:TTO	0.226x
Golden Ridge Resources Ltd V:GLDN	-0.019x
Martela Oyj A HE:MARAS	0.082x
Cortus Energy AB (publ) ST:CE	-1.732x
Cleghorn Minerals Ltd V:CZZ	-0.235x
Borqs Technologies Inc. NASDAQ:BRQSF	N/A
Pro-Pac Packaging Ltd AU:PPG	-0.156x
Star Pacific Tbk JK:LPLI	0.000x

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. For the full company profile with market capitalisation and key ratios, see WGLD company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$848.73K ≈ $613.96K	CA$-1.67 Million ≈ $-1.21 Million	-1.969x	-66.89%
2023-12-31	CA$1.44 Million ≈ $1.04 Million	CA$-1.70 Million ≈ $-1.23 Million	-1.180x	+10.86%
2022-12-31	CA$1.29 Million ≈ $936.78K	CA$-1.71 Million ≈ $-1.24 Million	-1.324x	-1157.65%
2021-12-31	CA$5.85 Million ≈ $4.23 Million	CA$-615.33K ≈ $-445.12K	-0.105x	-3.05%
2020-12-31	CA$6.26 Million ≈ $4.52 Million	CA$-638.98K ≈ $-462.23K	-0.102x	-55.01%
2019-12-31	CA$2.47 Million ≈ $1.79 Million	CA$-162.93K ≈ $-117.86K	-0.066x	--

About Western Gold Exploration Ltd

V:WGLD Canada Gold

Market Cap

$2.33 Million

CA$3.21 Million CAD

Market Cap Rank

#29836 Global

#1456 in Canada

Share Price

CA$0.15

Change (1 day)

+0.00%

52-Week Range

CA$0.05 - CA$0.44

All Time High

CA$0.69