Northann Corp. (NCL) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Northann Corp. (NCL) has a cash flow conversion efficiency ratio of -0.204x as of March 2026. 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 ($-1.84 Million) by net assets ($9.01 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see NCL market cap overview for the company's overall valuation and market capitalisation.
Northann Corp. - Cash Flow Conversion Efficiency Trend (2020–2025)
This chart illustrates how Northann Corp.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
Northann Corp. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Northann Corp. ranked by their cash flow conversion efficiency. Explore NCL cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
reAlpha Tech Corp. Common Stock
NASDAQ:AIRE
|
-0.335x |
|
Turnstone Biologics Corp. Common Stock
NASDAQ:TSBX
|
-0.292x |
|
ITM Power
LSE:ITM
|
-0.009x |
|
ABX Group Ltd
AU:ABX
|
-0.145x |
|
Zeo Energy Corp.
NASDAQ:ZEO
|
0.081x |
|
Conneqt Health Limited
AU:CQT
|
1.844x |
|
Enjoy S.A
SN:ENJOY
|
-0.157x |
|
Vigor Kobo Co Ltd
TWO:2733
|
-0.016x |
Annual Cash Flow Conversion Efficiency for Northann Corp. (2020–2025)
The table below shows the annual cash flow conversion efficiency of Northann Corp. from 2020 to 2025. View Northann Corp. (NCL) share price today for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $9.01 Million | $-5.68 Million | -0.631x | -32.86% |
| 2024-12-31 | $2.60 Million | $-1.23 Million | -0.475x | +94.09% |
| 2023-12-31 | $582.61K | $-4.68 Million | -8.031x | -334.40% |
| 2022-12-31 | $1.97 Million | $-3.65 Million | -1.849x | +83.64% |
| 2021-12-31 | $-403.00K | $4.55 Million | -11.301x | -1407.30% |
| 2020-12-31 | $-1.04 Million | $-897.90K | 0.864x | -- |
About Northann Corp.
Northann Corp. engages in the operates dotfloor.com, the online store that offers vinyl flooring products internationally. It offers its products under the Benchwick and Dotfloor brand names; and it serves retail customers. The company was founded in 2013 and is based in Elk Grove, California.