Northgold AB
Northgold AB (publ) operates as a gold exploration and development company in Sweden. Its flagship project is the Kopsa gold and copper project located in the Middle Ostrobothnia Gold Belt of Central Finland. The company also holds interest in the Kiimala trend and Hirsikangas project located in the Middle Ostrobothnia Gold Belt of Central Finland. Northgold AB (publ) was incorporated in 2020 and… Read more
Northgold AB (NG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2025: -0.044x
Based on the latest financial reports, Northgold AB (NG) has a cash flow conversion efficiency ratio of -0.044x as of March 2025.
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 (Skr-1.42 Million) by net assets (Skr32.39 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Northgold AB - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Northgold AB's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Northgold AB Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Northgold AB ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Next Mediaworks Limited
NSE:NEXTMEDIA
|
0.011x |
|
Future Supply Chain Solutions Limited
NSE:FSC
|
0.127x |
|
Trinity Bank National Assocation
PINK:TYBT
|
N/A |
|
DTCOM - Direct to Company S.A
SA:DTCY3
|
-3.060x |
|
Omkar Speciality Chemicals Limited
NSE:OMKARCHEM
|
-0.005x |
|
Sileon AB
ST:SILEON
|
-0.285x |
|
ORUM
KQ:475830
|
-0.045x |
|
Trucept Inc
PINK:TREP
|
-1.486x |
Annual Cash Flow Conversion Efficiency for Northgold AB (2016–2024)
The table below shows the annual cash flow conversion efficiency of Northgold AB from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Skr49.38 Million | Skr-10.15 Million | -0.206x | +11.51% |
| 2023-12-31 | Skr49.11 Million | Skr-11.41 Million | -0.232x | +31.45% |
| 2022-12-31 | Skr33.29 Million | Skr-11.29 Million | -0.339x | +14.14% |
| 2021-12-31 | Skr10.67 Million | Skr-4.21 Million | -0.395x | -9042.11% |
| 2020-12-31 | Skr44.46K | Skr-192.00 | -0.004x | -104.13% |
| 2019-12-31 | Skr222.50 Million | Skr23.26 Million | 0.105x | -19.36% |
| 2018-12-31 | Skr217.65 Million | Skr28.21 Million | 0.130x | +19.69% |
| 2017-12-31 | Skr206.98 Million | Skr22.42 Million | 0.108x | -13.99% |
| 2016-12-31 | Skr180.16 Million | Skr22.69 Million | 0.126x | -- |