First Nordic Metals Corp
First Nordic Metals Corp., a junior exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Sweden and Finland. It primarily explores for iron ore, gold, silver, copper, lead, uranium, and zinc deposits. The company's flagship project is the 45% Barsele Gold Project that covers an area of approximately 24,980 hectares located in Västerbottens L… Read more
First Nordic Metals Corp (FNMCF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.335x
Based on the latest financial reports, First Nordic Metals Corp (FNMCF) has a cash flow conversion efficiency ratio of -0.335x as of September 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 ($-7.45 Million) by net assets ($22.25 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
First Nordic Metals Corp - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how First Nordic Metals Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
First Nordic Metals Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of First Nordic Metals Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Y-S Electronic Co Ltd
TWO:6418
|
-0.026x |
|
Great Elm Group Inc
NASDAQ:GEG
|
-0.032x |
|
YeaRimDang Publishing Co. Ltd
KQ:036000
|
0.001x |
|
NUUO Inc.
TWO:6419
|
0.128x |
|
Tien Liang BioTech Co., Ltd.
TWO:4127
|
0.021x |
|
Arogo Capital Acquisition Corp
NASDAQ:AOGO
|
-0.004x |
|
First Bancshares Inc. (Bellevue OH)
PINK:FIBH
|
0.005x |
|
Groupe CRIT SA
PA:CEN
|
0.031x |
Annual Cash Flow Conversion Efficiency for First Nordic Metals Corp (2020–2024)
The table below shows the annual cash flow conversion efficiency of First Nordic Metals Corp from 2020 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-09-30 | $23.20 Million | $-6.81 Million | -0.294x | +99.13% |
| 2023-09-30 | $44.91K | $-1.51 Million | -33.609x | -2524.50% |
| 2022-09-30 | $1.20 Million | $-1.53 Million | -1.281x | +76.96% |
| 2021-09-30 | $360.43K | $-2.00 Million | -5.558x | +7.80% |
| 2020-09-30 | $180.12K | $-1.09 Million | -6.028x | -- |