Nordic Mining ASA (NOM) - Cash Flow Conversion Efficiency
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 ≈ $-33.38 Million USD) by net assets (Nkr982.85 Million ≈ $103.42 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Check strategic asset allocation of Nordic Mining ASA to assess the company's strategic physical and investment asset allocation.
Nordic Mining ASA - Cash Flow Conversion Efficiency Trend (2013–2025)
This chart illustrates how Nordic Mining ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. See Nordic Mining ASA shareholders equity for net asset value and shareholders' equity analysis.
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 |
|---|---|
|
Midas Minerals Ltd
AU:MM1
|
-0.189x |
|
Seven West Media Ltd
AU:SWM
|
-0.001x |
|
Verkkokauppa.com Oyj
HE:VERK
|
-0.010x |
|
ANDHRA PAPER LIMITED
NSE:ANDHRAPAP
|
0.033x |
|
GoldMoney Inc
TO:XAU
|
0.050x |
|
Zig Sheng Industrial Co Ltd
TW:1455
|
0.090x |
|
Greenheart Gold Inc.
V:GHRT
|
-0.089x |
|
DEFAMA Deutsche Fachmarkt AG
XETRA:DEF
|
0.065x |
Annual Cash Flow Conversion Efficiency for Nordic Mining ASA (2013–2025)
The table below shows the annual cash flow conversion efficiency of Nordic Mining ASA from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see NOM stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | Nkr982.85 Million ≈ $103.42 Million |
Nkr-317.25 Million ≈ $-33.38 Million |
-0.323x | -848.34% |
| 2024-12-31 | Nkr1.41 Billion ≈ $148.66 Million |
Nkr-48.09 Million ≈ $-5.06 Million |
-0.034x | -26.96% |
| 2023-12-31 | Nkr1.53 Billion ≈ $160.89 Million |
Nkr-40.99 Million ≈ $-4.31 Million |
-0.027x | +75.05% |
| 2022-12-31 | Nkr454.49 Million ≈ $47.83 Million |
Nkr-48.83 Million ≈ $-5.14 Million |
-0.107x | +55.99% |
| 2021-12-31 | Nkr245.66 Million ≈ $25.85 Million |
Nkr-59.97 Million ≈ $-6.31 Million |
-0.244x | +3.97% |
| 2020-12-31 | Nkr164.29 Million ≈ $17.29 Million |
Nkr-41.76 Million ≈ $-4.39 Million |
-0.254x | +51.61% |
| 2019-12-31 | Nkr143.83 Million ≈ $15.14 Million |
Nkr-75.56 Million ≈ $-7.95 Million |
-0.525x | +17.55% |
| 2018-12-31 | Nkr89.53 Million ≈ $9.42 Million |
Nkr-57.05 Million ≈ $-6.00 Million |
-0.637x | -14.54% |
| 2017-12-31 | Nkr70.16 Million ≈ $7.38 Million |
Nkr-39.03 Million ≈ $-4.11 Million |
-0.556x | -221.16% |
| 2016-12-31 | Nkr96.97 Million ≈ $10.20 Million |
Nkr-16.80 Million ≈ $-1.77 Million |
-0.173x | +36.94% |
| 2015-12-31 | Nkr43.16 Million ≈ $4.54 Million |
Nkr-11.86 Million ≈ $-1.25 Million |
-0.275x | +45.99% |
| 2014-12-31 | Nkr30.80 Million ≈ $3.24 Million |
Nkr-15.66 Million ≈ $-1.65 Million |
-0.509x | +4.56% |
| 2013-12-31 | Nkr36.33 Million ≈ $3.82 Million |
Nkr-19.36 Million ≈ $-2.04 Million |
-0.533x | -- |
About 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