Northern Sphere Mining Corp
Northern Sphere Mining Corp., a mineral exploration company, focuses on the acquisition, exploration, and development of precious and base metal projects. The company was formerly known as Argentium Resources Inc. and changed its name to Northern Sphere Mining Corp. in August 2015. Northern Sphere Mining Corp. is headquartered in Toronto, Canada.
Northern Sphere Mining Corp (NSMCF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2018: -0.073x
Based on the latest financial reports, Northern Sphere Mining Corp (NSMCF) has a cash flow conversion efficiency ratio of -0.073x as of September 2018.
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 ($5.99K) by net assets ($-81.56K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Northern Sphere Mining Corp - Cash Flow Conversion Efficiency Trend (2009–2017)
This chart illustrates how Northern Sphere Mining 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.
Northern Sphere Mining Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Northern Sphere Mining Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SILVER GRAIL RES
BE:KD7
|
-0.001x |
|
Namyeung Vivien Corp.
KQ:002070
|
N/A |
|
Softlogic Life Insurance PLC
CM:AAICN0000
|
N/A |
|
Rhino Biotech Limited
PINK:RBRXF
|
N/A |
|
Atlantis Resources Ltd
LSE:SAE
|
-0.022x |
|
Creightons Plc
LSE:CRL
|
0.032x |
|
Iargento Hi Tech Assets Limited Partnership
TA:IARG
|
N/A |
|
SOUTH BOULDER MINES
MU:SO3
|
N/A |
Annual Cash Flow Conversion Efficiency for Northern Sphere Mining Corp (2009–2017)
The table below shows the annual cash flow conversion efficiency of Northern Sphere Mining Corp from 2009 to 2017.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2017-12-31 | $-1.67 Million | $-3.51 Million | 2.107x | +164.32% |
| 2016-12-31 | $-1.50 Million | $-1.19 Million | 0.797x | +65.91% |
| 2015-12-31 | $-404.28K | $-194.22K | 0.480x | +1490.21% |
| 2014-12-31 | $-1.22 Million | $-36.72K | 0.030x | +119.92% |
| 2013-12-31 | $457.16K | $-69.33K | -0.152x | +68.25% |
| 2012-12-31 | $730.89K | $-349.05K | -0.478x | +57.29% |
| 2011-12-31 | $1.21 Million | $-1.35 Million | -1.118x | -150.25% |
| 2010-12-31 | $-15.57K | $-34.64K | 2.225x | +2322.92% |
| 2009-12-31 | $-142.59K | $-13.10K | 0.092x | -- |