Northern Shield Resources Inc
Northern Shield Resources Inc., a natural resource company, engages in identifying, acquiring, and exploring mineral properties primarily in Eastern Canada. The company explores for nickel, copper, gold, silver, and tellurium deposits, as well as platinum group metals. Its flagship property is the Root & Cellar Au-Ag-Te-(Cu) property that consists of 16 mineral licenses covering an area of approx… Read more
Northern Shield Resources Inc (NSHRF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.064x
Based on the latest financial reports, Northern Shield Resources Inc (NSHRF) has a cash flow conversion efficiency ratio of -0.064x 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 ($-183.76K) by net assets ($2.89 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Northern Shield Resources Inc - Cash Flow Conversion Efficiency Trend (2002–2024)
This chart illustrates how Northern Shield Resources 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.
Northern Shield Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Northern Shield Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ANGLO AM PLATINUM
MU:RPHA
|
N/A |
|
EBAY (EBA.SG)
STU:EBA
|
0.139x |
|
CREF Inflation-Linked Bond Account - R2
NASDAQ:QCILPX
|
N/A |
|
Avidian Gold Corp
PINK:AVGDF
|
0.032x |
|
Martina Minerals Corp
V:MTN-H
|
0.008x |
|
Odyssey Group International Inc
PINK:ODYY
|
0.040x |
|
China Nonferrous Gold Limited
PINK:CFEGF
|
-0.011x |
|
New Plus Knitting Public Company Limited
BK:NPK
|
-0.003x |
Annual Cash Flow Conversion Efficiency for Northern Shield Resources Inc (2002–2024)
The table below shows the annual cash flow conversion efficiency of Northern Shield Resources Inc from 2002 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $2.30 Million | $104.13K | 0.045x | +143.90% |
| 2023-12-31 | $5.20 Million | $-535.66K | -0.103x | -45.85% |
| 2022-12-31 | $5.21 Million | $-367.54K | -0.071x | +31.83% |
| 2021-12-31 | $5.38 Million | $-556.80K | -0.104x | +27.99% |
| 2020-12-31 | $5.01 Million | $-721.14K | -0.144x | +60.56% |
| 2019-12-31 | $2.39 Million | $-871.33K | -0.365x | +28.77% |
| 2018-12-31 | $1.64 Million | $-839.39K | -0.512x | -95.71% |
| 2017-12-31 | $2.73 Million | $-715.26K | -0.262x | +47.74% |
| 2016-12-31 | $3.47 Million | $-1.74 Million | -0.501x | +77.88% |
| 2015-12-31 | $296.50K | $-671.11K | -2.263x | -1556.16% |
| 2014-12-31 | $3.76 Million | $-514.18K | -0.137x | -39.73% |
| 2013-12-31 | $8.24 Million | $-806.35K | -0.098x | +20.26% |
| 2012-12-31 | $9.85 Million | $-1.21 Million | -0.123x | -45.59% |
| 2011-12-31 | $6.58 Million | $-554.49K | -0.084x | +37.44% |
| 2010-12-31 | $5.29 Million | $-713.03K | -0.135x | -0.49% |
| 2009-12-31 | $4.40 Million | $-589.63K | -0.134x | +10.92% |
| 2008-12-31 | $4.52 Million | $-679.29K | -0.150x | +55.23% |
| 2007-12-31 | $2.74 Million | $-920.80K | -0.336x | -43.88% |
| 2006-12-31 | $2.99 Million | $-697.48K | -0.234x | -26.71% |
| 2005-12-31 | $2.62 Million | $-482.87K | -0.184x | +17.90% |
| 2004-12-31 | $2.25 Million | $-505.93K | -0.225x | -1.13% |
| 2003-12-31 | $1.13 Million | $-249.88K | -0.222x | -72.30% |
| 2002-12-31 | $178.79K | $-23.04K | -0.129x | -- |