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.
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. Read total liabilities of Nova Minerals Limited for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
EN Shoham Business Ltd
TA:SHOM
|
-0.270x |
|
HELIOS FAIRFAX PARTNERS
F:3UD
|
-0.032x |
|
Health In Tech, Inc. Class A Common Stock
NASDAQ:HIT
|
0.026x |
|
Sarla Performance Fibers Limited
NSE:SARLAPOLY
|
0.091x |
|
VLS Finance Limited
NSE:VLSFINANCE
|
-0.001x |
|
Tamawood Ltd
AU:TWD
|
0.051x |
|
Compagnie Industrielle et Financière d'Entreprises SA
PA:INFE
|
0.143x |
|
SRP Groupe SA
PA:SRP
|
0.135x |
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. For the full company profile with market capitalisation and key ratios, see Nova Minerals Limited (NVA) market capitalisation.
| 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