Nova Minerals Limited (NVA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Nova Minerals Limited (NVA) has a cash flow conversion efficiency ratio of 0.066x as of September 2024. 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 ($150.25 Million) by net assets ($2.28 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Review financial agility of Nova Minerals Limited to assess the company's free cash flow relative to its total liabilities.
Nova Minerals Limited - Cash Flow Conversion Efficiency Trend (2004–2024)
This chart illustrates how Nova Minerals Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Also see how much is Nova Minerals Limited worth for the company's overall valuation and market capitalisation.
Nova Minerals Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nova Minerals Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Tycoons Group Enterprise Co Ltd
TW:2022
|
0.039x |
|
Immutep Ltd ADR
NASDAQ:IMMP
|
-0.284x |
|
District Metals Corp
V:DMX
|
-0.027x |
|
GeeCee Ventures Limited
NSE:GEECEE
|
0.109x |
|
Delta Djakarta Tbk
JK:DLTA
|
0.097x |
|
Richmond International Travel & Tours Co Ltd
TWO:2743
|
0.016x |
|
Asahimas Flat Glass Tbk
JK:AMFG
|
-0.002x |
|
Handok
KO:002390
|
-0.058x |
Annual Cash Flow Conversion Efficiency for Nova Minerals Limited (2004–2024)
The table below shows the annual cash flow conversion efficiency of Nova Minerals Limited from 2004 to 2024. View today's stock price for Nova Minerals Limited for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | $2.12 Billion | $721.34 Million | 0.341x | -21.86% |
| 2023-06-30 | $1.94 Billion | $844.82 Million | 0.436x | +85.10% |
| 2022-06-30 | $1.44 Billion | $338.58 Million | 0.236x | +85.33% |
| 2021-06-30 | $1.16 Billion | $147.20 Million | 0.127x | -34.96% |
| 2020-06-30 | $1.35 Billion | $263.86 Million | 0.196x | +9.48% |
| 2019-06-30 | $1.41 Billion | $251.06 Million | 0.179x | -31.32% |
| 2018-06-30 | $863.58 Million | $224.68 Million | 0.260x | +55.18% |
| 2017-06-30 | $756.03 Million | $126.75 Million | 0.168x | -5.24% |
| 2016-06-30 | $629.64 Million | $111.40 Million | 0.177x | +41.19% |
| 2015-06-30 | $687.65 Million | $86.17 Million | 0.125x | +6.52% |
| 2014-06-30 | $707.79 Million | $83.26 Million | 0.118x | +31.88% |
| 2013-06-30 | $656.06 Million | $58.52 Million | 0.089x | -57.95% |
| 2012-06-30 | $755.55 Million | $160.27 Million | 0.212x | +14.05% |
| 2011-06-30 | $900.33 Million | $167.46 Million | 0.186x | -10.75% |
| 2010-06-30 | $919.69 Million | $191.66 Million | 0.208x | -27.16% |
| 2009-06-30 | $811.30 Million | $232.12 Million | 0.286x | +2.68% |
| 2008-06-30 | $370.29 Million | $103.18 Million | 0.279x | -27.19% |
| 2007-06-30 | $296.51 Million | $113.49 Million | 0.383x | -3.82% |
| 2006-06-30 | $255.60 Million | $101.72 Million | 0.398x | +6.68% |
| 2005-06-30 | $115.11 Million | $42.94 Million | 0.373x | +68.71% |
| 2004-06-30 | $71.06 Million | $15.71 Million | 0.221x | -- |
About Nova Minerals Limited
Nova Minerals Limited engages in the exploration of mineral properties in Australia and the United States. The company explores for gold, antimony, and critical minerals. Its flagship project is the Estelle Gold project comprising 803 mining claims covering an area of 514 square kilometers located in the State of Alaska. The company was formerly known as Quantum Resources Limited and changed its … Read more