Nordic Mining ASA Cash Flow Conversion Efficiency
Nordic Mining ASA cash flow conversion efficiency. Based on the latest financial reports, Nordic Mining ASA (NOM) has a cash flow conversion efficiency ratio of -0.198x as of June 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 (Nkr-157.64 Million ≈ $-16.59 Million USD) by net assets (Nkr795.25 Million ≈ $83.68 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Nordic Mining ASA (2013–2025)
Cash flow conversion efficiency of Nordic Mining ASA from 2013 to 2025. This chart illustrates how Nordic Mining ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. View NOM stock price and chart for real-time trading data and today's change.
Nordic Mining ASA Cash Flow Conversion Ratio Explained
Nordic Mining ASA cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see NOM market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Trinex Minerals Ltd
AU:TX3
|
-0.213x |
|
Hong Kong Pharma Digital Technology Holdings Limited Ordinary shares
NASDAQ:HKPD
|
-0.053x |
|
Image Systems AB
ST:IS
|
-0.090x |
|
artec technologies AG
F:A6T
|
-0.014x |
|
Prime Dividend Corp
TO:PDV
|
0.094x |
|
Wa Kaolin Ltd
AU:WAK
|
-0.953x |
|
Rebosis
JSE:REB
|
-0.010x |
|
AS Latvijas Juras medicinas centrs
MU:UOM
|
-0.098x |
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. Review how much free cash does Nordic Mining ASA generate to assess how much free cash flow the company generates relative to operating cash flow.
| 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, extraction, and production of minerals and metals in Norway. The company explores for rutile, almandine garnet, hydrothermal quartz vein, and titanium sponge deposits. Its flagship property is the 100% owned Engebø Rutile and Garnet project located in the Sunnfjord, Vestland, Norway. The company was founded in 2006 and… Read more