NiHAO Mineral Resources International Inc
NiHAO Mineral Resources International Inc operates in Diversified Metals & Mining.
NiHAO Mineral Resources International Inc (NI) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2022: -0.009x
Based on the latest financial reports, NiHAO Mineral Resources International Inc (NI) has a cash flow conversion efficiency ratio of -0.009x as of December 2022.
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 (₱-5.25 Million) by net assets (₱613.32 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
NiHAO Mineral Resources International Inc - Cash Flow Conversion Efficiency Trend (2015–2022)
This chart illustrates how NiHAO Mineral Resources International Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
NiHAO Mineral Resources International Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NiHAO Mineral Resources International Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SDX Energy Inc
LSE:SDX
|
0.856x |
|
Waskaduwa Beach Resort PLC
CM:CITWN0000
|
N/A |
|
MORISON INDUSTRIES PLC
XNSA:MORISON
|
N/A |
|
JOHN HOLT PLC
XNSA:JOHNHOLT
|
N/A |
|
Regenera Insights Inc.
F:66C0
|
-0.002x |
|
Proven Vct PLC
LSE:PVN
|
-0.006x |
|
ProtoSource Corporation
PINK:PSCO
|
0.779x |
|
Defentect Group Inc
PINK:DFTC
|
0.010x |
Annual Cash Flow Conversion Efficiency for NiHAO Mineral Resources International Inc (2015–2022)
The table below shows the annual cash flow conversion efficiency of NiHAO Mineral Resources International Inc from 2015 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | ₱613.32 Million | ₱-5.25 Million | -0.009x | +50.12% |
| 2021-12-31 | ₱861.44 Million | ₱-14.79 Million | -0.017x | -793.43% |
| 2020-12-31 | ₱862.67 Million | ₱-1.66 Million | -0.002x | +66.35% |
| 2019-12-31 | ₱865.95 Million | ₱-4.95 Million | -0.006x | -79.69% |
| 2018-12-31 | ₱869.12 Million | ₱-2.76 Million | -0.003x | +67.08% |
| 2017-12-31 | ₱913.10 Million | ₱-8.81 Million | -0.010x | -16.80% |
| 2016-12-31 | ₱939.96 Million | ₱-7.77 Million | -0.008x | +89.02% |
| 2015-12-31 | ₱1.02 Billion | ₱-76.41 Million | -0.075x | -- |