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.

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. Read how much debt does Western Gold Exploration Ltd carry for a breakdown of total debt and financial obligations.

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
Urban One NASDAQ:UONE	-0.002x
Compodium International AB ST:COMPDM	0.009x
Arcadia Minerals Ltd AU:AM7	-0.016x
Capita PLC LSE:CPI	-0.069x
Pearl Gull Iron Ltd AU:PLG	-0.128x
Newbury Pharmaceuticals AB ST:NEWBRY	-0.183x
Maison Solutions Inc NASDAQ:MSS	0.205x
STRIP TINNING HLDG.LS-01 F:VH3	N/A

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 market value of Western Gold Exploration Ltd.

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

$4.49 Million

CA$6.21 Million CAD

Market Cap Rank

#28569 Global

#1312 in Canada

Share Price

CA$0.28

Change (1 day)

+27.27%

52-Week Range

CA$0.05 - CA$0.38

All Time High

CA$0.69