New World Resources Limited
New World Resources Limited engages in the exploration and development of mineral properties in North America. The company explores for copper, zinc, silver, gold, and lead deposits. It holds 100% interest in the Antler copper project situated near the east of Yucca in northwestern Arizona; the Javelin VMS project covering approximately 4,000 acres located near Antler project in Arizona; and the … Read more
New World Resources Limited (NWCBF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.007x
Based on the latest financial reports, New World Resources Limited (NWCBF) has a cash flow conversion efficiency ratio of -0.007x as of June 2023.
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 ($-340.13K) by net assets ($51.37 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
New World Resources Limited - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how New World Resources Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
New World Resources Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of New World Resources Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Thai Enger Holding Public Company Limited
BK:TIGER
|
0.009x |
|
Iiot-Oxys Inc
PINK:ITOX
|
0.015x |
|
Movinn AS
CO:MOVINN
|
0.254x |
|
HAEMONETICS
MU:HAZ
|
0.056x |
|
TMK Energy Limited
PINK:TMKEF
|
-0.013x |
|
CYTOKINETICS
MU:KK3A
|
7.296x |
|
Ravad Ltd
TA:RAVD
|
-0.007x |
|
Arway Corporation
PINK:ARWYF
|
0.458x |
Annual Cash Flow Conversion Efficiency for New World Resources Limited (2020–2023)
The table below shows the annual cash flow conversion efficiency of New World Resources Limited from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | $51.37 Million | $-1.30 Million | -0.025x | +74.54% |
| 2022-06-30 | $36.28 Million | $-3.60 Million | -0.099x | -149.93% |
| 2021-06-30 | $48.95 Million | $-1.95 Million | -0.040x | +14.40% |
| 2020-06-30 | $18.36 Million | $-852.48K | -0.046x | -- |