NexGen Mining Incorporated
NexGen Mining Incorporated, a junior mining company, engages in the exploration, mining, and production of precious metals. The company primarily explores for gold, silver, copper, lead, zinc, and other precious and base metals. It holds interests in the Old Dominion mine situated north of Reno, Nevada; the Koegel Hills property that consists of 10 unpatented claims encompassing 200 acres located… Read more
NexGen Mining Incorporated (NXGM) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: 0.010x
Based on the latest financial reports, NexGen Mining Incorporated (NXGM) has a cash flow conversion efficiency ratio of 0.010x as of March 2024.
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 ($-12.05K) by net assets ($-1.17 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
NexGen Mining Incorporated - Cash Flow Conversion Efficiency Trend (2011–2023)
This chart illustrates how NexGen Mining Incorporated's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
NexGen Mining Incorporated Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NexGen Mining Incorporated ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PhilWeb Corp
PSE:WEB
|
0.025x |
|
LIVE MOTION GAMES ZY -10
F:4YM
|
N/A |
|
Tech Central Inc
PINK:TCHC
|
0.216x |
|
ACON Holding Inc.
TWO:3710
|
N/A |
|
BATM ADVANCED COMM
BE:BAV
|
N/A |
|
Lion Rock Resources Inc.
PINK:LRRIF
|
0.017x |
|
Grupo Nutrisa, S.A.B. de C.V.
MX:NUTRISAA
|
N/A |
|
SINOFERT HOLDINGS
MU:WCQ1
|
N/A |
Annual Cash Flow Conversion Efficiency for NexGen Mining Incorporated (2011–2023)
The table below shows the annual cash flow conversion efficiency of NexGen Mining Incorporated from 2011 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-1.09 Million | $-369.69K | 0.338x | -33.40% |
| 2022-12-31 | $-624.54K | $-317.06K | 0.508x | -99.36% |
| 2021-12-31 | $-4.74K | $-376.40K | 79.342x | +629.29% |
| 2020-12-31 | $-26.41K | $-287.31K | 10.879x | +557.64% |
| 2019-12-31 | $146.15K | $-347.44K | -2.377x | +31.33% |
| 2018-12-31 | $428.03K | $-1.48 Million | -3.462x | -193.14% |
| 2017-12-31 | $805.96K | $-951.87K | -1.181x | -217.62% |
| 2016-12-31 | $340.80K | $-126.73K | -0.372x | +58.73% |
| 2015-12-31 | $938.44K | $-845.45K | -0.901x | -284.19% |
| 2014-12-31 | $2.86 Million | $-671.54K | -0.234x | +35.57% |
| 2013-12-31 | $2.05 Million | $-747.18K | -0.364x | -93.16% |
| 2011-12-31 | $3.97 Million | $-747.18K | -0.188x | -- |