Nordic Mining ASA
Nordic Mining ASA, together with its subsidiaries, engages in the exploration and development of industrial minerals and metals in Norway. The company primarily explores for rutile, almandine garnet, hydrothermal quartz vein, and seabed minerals. It owns 100% interest in the Engebø Rutile and Garnet project located in the Sunnfjord, Vestland, Norway; Nordic Titanium located in Sunnfjord, Vestland… Read more
Nordic Mining ASA (NOM) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2025: -0.323x
Based on the latest financial reports, Nordic Mining ASA (NOM) has a cash flow conversion efficiency ratio of -0.323x 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 (Nkr-317.25 Million) by net assets (Nkr982.85 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nordic Mining ASA - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Nordic Mining ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Nordic Mining ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nordic Mining ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Malayan Flour Mills Bhd
KLSE:3662
|
0.098x |
|
Whanin Pharm
KO:016580
|
0.013x |
|
CYGAM Energy Inc.
V:CYG
|
N/A |
|
Ensurge Micropower ASA
OTCQB:ENMPF
|
-0.318x |
|
Synchronoss Technologies Inc
NASDAQ:SNCR
|
0.711x |
|
Ching Feng Home Fashions Co Ltd
TW:9935
|
0.079x |
|
Able C&C
KO:078520
|
0.077x |
|
DRTECH Corporation
KQ:214680
|
-0.050x |
Annual Cash Flow Conversion Efficiency for Nordic Mining ASA (2013–2024)
The table below shows the annual cash flow conversion efficiency of Nordic Mining ASA from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr1.41 Billion | Nkr-48.09 Million | -0.034x | -26.96% |
| 2023-12-31 | Nkr1.53 Billion | Nkr-40.99 Million | -0.027x | +75.05% |
| 2022-12-31 | Nkr454.49 Million | Nkr-48.83 Million | -0.107x | +55.99% |
| 2021-12-31 | Nkr245.66 Million | Nkr-59.97 Million | -0.244x | +3.97% |
| 2020-12-31 | Nkr164.29 Million | Nkr-41.76 Million | -0.254x | +51.61% |
| 2019-12-31 | Nkr143.83 Million | Nkr-75.56 Million | -0.525x | +17.55% |
| 2018-12-31 | Nkr89.53 Million | Nkr-57.05 Million | -0.637x | -14.54% |
| 2017-12-31 | Nkr70.16 Million | Nkr-39.03 Million | -0.556x | -221.16% |
| 2016-12-31 | Nkr96.97 Million | Nkr-16.80 Million | -0.173x | +36.94% |
| 2015-12-31 | Nkr43.16 Million | Nkr-11.86 Million | -0.275x | +45.99% |
| 2014-12-31 | Nkr30.80 Million | Nkr-15.66 Million | -0.509x | +4.56% |
| 2013-12-31 | Nkr36.33 Million | Nkr-19.36 Million | -0.533x | -- |