New World Gold Cp
New World Gold Corporation engages in gold ore exploration business. The company was formerly known as New Asia Gold Corporation and changed its name to New World Gold Corporation in May 2009. New World Gold Corporation was incorporated in 1998 and is based in Boca Raton, Florida.
New World Gold Cp (NWGC) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2015: -0.001x
Based on the latest financial reports, New World Gold Cp (NWGC) has a cash flow conversion efficiency ratio of -0.001x as of September 2015.
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 ($-15.64K) by net assets ($10.77 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 Gold Cp - Cash Flow Conversion Efficiency Trend (2008–2013)
This chart illustrates how New World Gold Cp'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 Gold Cp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of New World Gold Cp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ZA Group Inc
PINK:ZAAG
|
0.000x |
|
Gunther Grant Inc
PINK:GNGR
|
-0.020x |
|
ForU Holdings Inc
PINK:FORU
|
0.212x |
|
Allied Security Innovations Inc
PINK:ADSV
|
-0.010x |
|
Universal Systems Inc
PINK:UVSS
|
31.646x |
|
Mansfelder Metals Ltd
PINK:MNSF
|
-0.123x |
|
Merriman Holdings Inc
PINK:MERR
|
0.067x |
|
Colombia Energy Resources Inc
PINK:CERX
|
-0.281x |
Annual Cash Flow Conversion Efficiency for New World Gold Cp (2008–2013)
The table below shows the annual cash flow conversion efficiency of New World Gold Cp from 2008 to 2013.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2013-12-31 | $6.11 Million | $-30.70K | -0.005x | +97.33% |
| 2012-12-31 | $3.88 Million | $-731.03K | -0.188x | +3.75% |
| 2011-12-31 | $2.03 Million | $-397.46K | -0.196x | -1551.19% |
| 2010-12-31 | $695.35K | $9.37K | 0.013x | +165.77% |
| 2009-12-31 | $-630.01K | $12.91K | -0.020x | -100.35% |
| 2008-12-31 | $-469.15K | $-2.71 Million | 5.775x | -- |