Premium Nickel Resources Ltd.
Premium Nickel Resources Ltd., through its subsidiaries, engages in acquisition, exploration, and evaluation of mineral properties in Botswana, Greenland, and Canada. It primarily explores for nickel, copper, cobalt, and platinum group metals deposits. The company is headquartered in Toronto, Canada.
Premium Nickel Resources Ltd. (PNRLF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -1.294x
Based on the latest financial reports, Premium Nickel Resources Ltd. (PNRLF) has a cash flow conversion efficiency ratio of -1.294x as of September 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 ($-9.99 Million) by net assets ($7.72 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Premium Nickel Resources Ltd. - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how Premium Nickel Resources Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Premium Nickel Resources Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Premium Nickel Resources Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Haisung TPC Co. Ltd.
KQ:059270
|
0.032x |
|
Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme
AT:MOTO
|
-0.109x |
|
CuongThuan Idico Development Investment Corp
VN:CTI
|
N/A |
|
Frasers Property (Thailand) Public Company Limited
BK:FPT
|
0.039x |
|
Oeneo SA
PA:SBT
|
0.044x |
|
Great Boulder Resources Ltd
AU:GBR
|
-0.022x |
|
Lix Solution Co.Ltd
KQ:029480
|
0.007x |
|
NEW ZEALAND RURAL
F:8UK
|
N/A |
Annual Cash Flow Conversion Efficiency for Premium Nickel Resources Ltd. (2020–2023)
The table below shows the annual cash flow conversion efficiency of Premium Nickel Resources Ltd. from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $50.78 Million | $-10.80 Million | -0.213x | -4.77% |
| 2022-12-31 | $27.19 Million | $-5.52 Million | -0.203x | -467.35% |
| 2021-12-31 | $41.20 Million | $-1.47 Million | -0.036x | -4.78% |
| 2020-12-31 | $39.02 Million | $-1.33 Million | -0.034x | -- |