Nova Lithium Corp.
Nova Lithium Corp., a junior mining company, engages in the acquisition, exploration, and development of lithium brine and lithium clay properties. It holds 100% interest in the Deer Musk West project that comprises 190 mineral claims covering an area of approximately 1550 hectares located in the southern Clayton Valley, Nevada. The company was formerly known as Halcyon Ventures Inc. and changed … Read more
Nova Lithium Corp. (NVLIF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.012x
Based on the latest financial reports, Nova Lithium Corp. (NVLIF) has a cash flow conversion efficiency ratio of -0.012x 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 ($-34.69K) by net assets ($3.01 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nova Lithium Corp. - Cash Flow Conversion Efficiency Trend (2021–2025)
This chart illustrates how Nova Lithium 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.
Nova Lithium Corp. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nova Lithium Corp. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jubilee Spinning & Weaving Mills Ltd
KAR:JUBS
|
N/A |
|
Fintech Asia Ltd
LSE:FINA
|
N/A |
|
NIGERIAN EXCHANGE GROUP PLC
XNSA:NGXGROUP
|
N/A |
|
Termo2Power SA
WAR:T2P
|
N/A |
|
Bank of Khyber
KAR:BOK
|
-0.002x |
|
TPS EASTERN AFRICA LTD
XNAI:TPS
|
N/A |
|
Aeonian Resources Corp.
V:ALTN
|
N/A |
|
Pioneer Oil & Gas
PINK:POGS
|
-0.087x |
Annual Cash Flow Conversion Efficiency for Nova Lithium Corp. (2021–2025)
The table below shows the annual cash flow conversion efficiency of Nova Lithium Corp. from 2021 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-06-30 | $2.99 Million | $-2.89 Million | -0.968x | -284.37% |
| 2024-06-30 | $-188.51K | $-99.00K | 0.525x | +209.58% |
| 2023-06-30 | $502.16K | $-240.65K | -0.479x | -280.08% |
| 2022-06-30 | $702.48K | $-88.57K | -0.126x | +21.38% |
| 2021-06-30 | $822.56K | $-131.91K | -0.160x | -- |