Nickelex Resource Corporation
Nickelex Resource Corporation, an exploration stage company, engages in the acquisition, exploration, and development of natural resource properties. The company primarily explores for nickel and gold deposits. It holds interest in the Swift Katie property that consists of 19 contiguous mineral claims covering an area of approximately 83 square kilometers located near Salmo, British Columbia; 100… Read more
Nickelex Resource Corporation (NKLXF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2025: 0.035x
Based on the latest financial reports, Nickelex Resource Corporation (NKLXF) has a cash flow conversion efficiency ratio of 0.035x as of March 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 ($-45.18K) by net assets ($-1.30 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nickelex Resource Corporation - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Nickelex Resource Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Nickelex Resource Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nickelex Resource Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Bravern Ventures Ltd
V:BAV-H
|
0.000x |
|
ABM Fujiya Bhd
KLSE:5198
|
-0.091x |
|
MODE GLOBAL HLDGS LS-01
F:MOC
|
N/A |
|
CodeLab Capital A/S
OL:CODE
|
N/A |
|
Wicaksana Overseas International
JK:WICO
|
0.087x |
|
Polygon-L
TA:POLY
|
0.066x |
|
PAYCHEX INC - Dusseldorf Stock Exchang
DU:PCX
|
0.142x |
|
CORP. FIN. ALBA (CSV.SG)
STU:CSV
|
N/A |
Annual Cash Flow Conversion Efficiency for Nickelex Resource Corporation (2019–2024)
The table below shows the annual cash flow conversion efficiency of Nickelex Resource Corporation from 2019 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-1.32 Million | $-11.41K | 0.009x | +102.02% |
| 2023-12-31 | $286.55K | $-122.52K | -0.428x | -343.26% |
| 2022-12-31 | $1.50 Million | $-144.66K | -0.096x | -2.19% |
| 2021-12-31 | $1.34 Million | $-126.90K | -0.094x | +65.22% |
| 2020-12-31 | $1.33 Million | $-359.80K | -0.271x | -207.20% |
| 2019-12-31 | $-916.90K | $-232.15K | 0.253x | -- |