Western Gold Exploration Ltd Cash Flow Conversion Efficiency
Western Gold Exploration Ltd cash flow conversion efficiency. 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.
Cash Flow Conversion Efficiency of Western Gold Exploration Ltd (2019–2024)
Cash flow conversion efficiency of Western Gold Exploration Ltd from 2019 to 2024. This chart illustrates how Western Gold Exploration Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Western Gold Exploration Ltd stock price for real-time trading data and today's change.
Western Gold Exploration Ltd Cash Flow Conversion Ratio Explained
Western Gold Exploration Ltd 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.
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. Also see how much is Western Gold Exploration Ltd worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Tullow Oil PLC
LSE:TLW
|
-0.557x |
|
Lambo Group Bhd
KLSE:0018
|
-0.022x |
|
Kiplin Metals Inc
V:KIP
|
-0.029x |
|
BATHURST METALS CORP.
F:J1Q0
|
-0.113x |
|
Metronic Global Bhd
KLSE:0043
|
-0.030x |
|
Mulberry Group PLC
LSE:MUL
|
-0.265x |
|
SynBiotic SE
F:SBX
|
N/A |
|
Silver Predator Corp
V:SPD
|
-0.013x |
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. Review Western Gold Exploration Ltd free cash flow ratio 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 |
|---|---|---|---|---|
| 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
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