Nickel Asia Corp
Nickel Asia Corp operates in Diversified Metals & Mining.
Nickel Asia Corp (NIKL) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: 0.184x
Based on the latest financial reports, Nickel Asia Corp (NIKL) has a cash flow conversion efficiency ratio of 0.184x as of September 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 (₱6.86 Billion) by net assets (₱37.23 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nickel Asia Corp - Cash Flow Conversion Efficiency Trend (2014–2022)
This chart illustrates how Nickel Asia Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Nickel Asia Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nickel Asia Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
BURCON NUTRASCIENCE
MU:BNE
|
-0.211x |
|
Reeflex Solutions Inc.
V:RFX
|
N/A |
|
OLP Modaraba
KAR:OLPM
|
N/A |
|
279060
KO:279060
|
N/A |
|
Contact Financial Holding
EGX:CNFN
|
N/A |
|
Greenroc Mining PLC
LSE:GROC
|
-0.055x |
|
Caplink Ventures Inc.
V:CAPL-P
|
-0.062x |
|
Schroders Investment Trusts - Schroder Asian Total Return Investment Company plc
LSE:ATR
|
0.000x |
Annual Cash Flow Conversion Efficiency for Nickel Asia Corp (2014–2022)
The table below shows the annual cash flow conversion efficiency of Nickel Asia Corp from 2014 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | ₱35.69 Billion | ₱12.88 Billion | 0.361x | +22.82% |
| 2021-12-31 | ₱32.94 Billion | ₱9.68 Billion | 0.294x | +3.84% |
| 2020-12-31 | ₱31.04 Billion | ₱8.78 Billion | 0.283x | +52.03% |
| 2019-12-31 | ₱31.37 Billion | ₱5.84 Billion | 0.186x | +14.32% |
| 2018-12-31 | ₱29.66 Billion | ₱4.83 Billion | 0.163x | -8.83% |
| 2017-12-31 | ₱29.46 Billion | ₱5.26 Billion | 0.179x | +6.90% |
| 2016-12-31 | ₱27.02 Billion | ₱4.51 Billion | 0.167x | -12.28% |
| 2015-12-31 | ₱25.51 Billion | ₱4.86 Billion | 0.190x | -54.03% |
| 2014-12-31 | ₱27.19 Billion | ₱11.26 Billion | 0.414x | -- |