Noble Mineral Exploration Inc
Noble Mineral Exploration Inc., a junior exploration company, engages in the exploration and evaluation of mineral properties in Canada. It primarily explores for uranium, thorium, yttrium, zirconium, rare earth, phosphorus, silver, nickel, cobalt, gold, copper, VMS, and PGM deposits. The company was formerly known as Ring of Fire Resources Inc. and changed its name to Noble Mineral Exploration I… Read more
Noble Mineral Exploration Inc (NLPXF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of November 2022: -0.034x
Based on the latest financial reports, Noble Mineral Exploration Inc (NLPXF) has a cash flow conversion efficiency ratio of -0.034x as of November 2022.
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 ($-342.04K) by net assets ($9.95 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Noble Mineral Exploration Inc - Cash Flow Conversion Efficiency Trend (2014–2022)
This chart illustrates how Noble Mineral Exploration Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Noble Mineral Exploration Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Noble Mineral Exploration Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SSF Home Group Berhad
KLSE:0287
|
0.013x |
|
Symphony Life Bhd
KLSE:1538
|
-0.004x |
|
Viskase Companies Inc
PINK:VKSC
|
0.066x |
|
FiEE, Inc.
NASDAQ:FIEE
|
0.590x |
|
Donear Industries Limited
NSE:DONEAR
|
0.043x |
|
Banimmo SA
BR:BANI
|
-0.123x |
|
Japan Gold Corp
OTCQB:JGLDF
|
-0.042x |
|
Perpetual Energy Inc
PINK:PMGYF
|
0.096x |
Annual Cash Flow Conversion Efficiency for Noble Mineral Exploration Inc (2014–2022)
The table below shows the annual cash flow conversion efficiency of Noble Mineral Exploration Inc from 2014 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-08-31 | $10.87 Million | $-1.07 Million | -0.098x | -132.56% |
| 2021-08-31 | $13.73 Million | $-581.33K | -0.042x | +36.59% |
| 2020-08-31 | $8.74 Million | $-583.55K | -0.067x | +56.98% |
| 2019-08-31 | $4.28 Million | $-663.62K | -0.155x | +30.54% |
| 2018-08-31 | $3.21 Million | $-716.62K | -0.223x | -191.04% |
| 2017-08-31 | $2.70 Million | $-207.14K | -0.077x | -174.84% |
| 2016-08-31 | $-1.51 Million | $-155.21K | 0.103x | +36.94% |
| 2015-08-31 | $-1.31 Million | $-97.72K | 0.075x | +122.97% |
| 2014-08-31 | $2.43 Million | $-792.32K | -0.326x | -- |