Pirate Gold Corp. (YARR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Pirate Gold Corp. (YARR) has a cash flow conversion efficiency ratio of -0.077x as of December 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$-2.09 Million ≈ $-1.52 Million USD) by net assets (CA$27.33 Million ≈ $19.77 Million 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 Pirate Gold Corp.'s balance sheet to measure how much of total assets are equity-financed.
Pirate Gold Corp. - Cash Flow Conversion Efficiency Trend (2022–2024)
This chart illustrates how Pirate Gold Corp.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore YARR long-term investment intensity to see how much of total assets are deployed in long-term investments.
Pirate Gold Corp. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Pirate Gold Corp. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Chuwa Wool Industry Co Taiwan Ltd
TW:1439
|
0.032x |
|
Kaiser Reef Ltd
AU:KAU
|
0.405x |
|
Spark I Acquisition Corp. Class A Ordinary Share
NASDAQ:SPKL
|
-0.021x |
|
Empress Royalty Corp
V:EMPR
|
0.029x |
|
New Horizon Aircraft Ltd
NASDAQ:HOVR
|
-0.482x |
|
Macrogen Inc
KQ:038290
|
0.042x |
|
Brixton Metals Corporation
V:BBB
|
-0.553x |
|
Inovio Pharmaceuticals Inc
NASDAQ:INO
|
2.795x |
Annual Cash Flow Conversion Efficiency for Pirate Gold Corp. (2022–2024)
The table below shows the annual cash flow conversion efficiency of Pirate Gold Corp. from 2022 to 2024. For the full company profile with market capitalisation and key ratios, see Pirate Gold Corp. stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | CA$7.79 Million ≈ $5.64 Million |
CA$-5.92 Million ≈ $-4.28 Million |
-0.759x | +57.44% |
| 2023-06-30 | CA$5.28 Million ≈ $3.82 Million |
CA$-9.41 Million ≈ $-6.81 Million |
-1.783x | -93.38% |
| 2022-06-30 | CA$10.86 Million ≈ $7.86 Million |
CA$-10.01 Million ≈ $-7.24 Million |
-0.922x | -- |
About Pirate Gold Corp.
Pirate Gold Corp., an exploration-stage company, engages in the acquisition and exploration of mineral properties in Canada. It primarily focuses on its portfolio of gold projects located in the province of Newfoundland and Labrador. The company's flagship project is the 100% owned Moosehead gold property, which consist of 98 claims covering an area of approximately 2,450 hectares located in cent… Read more