Northgold AB (NG) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-152.49K USD) by net assets (Skr32.39 Million ≈ $3.49 Million USD). 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. Read how much debt does Northgold AB carry for a breakdown of total debt and financial obligations.

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
Advent Technologies Holdings Inc NASDAQ:ADN	-0.015x
elexxion AG XETRA:E8X	-708202.000x
Smart Agro LP TA:SMAG	-0.029x
Tali Digital Ltd AU:TD1	-0.218x
Assetowl Ltd AU:AO1	0.066x
Hargreave Hale Aim Vct PLC LSE:HHV	-0.004x
Tasfoods Ltd AU:TFL	-0.576x
Greenlite Ventures Inc. NASDAQ:GRNLD	N/A

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. For the full company profile with market capitalisation and key ratios, see NG company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Skr49.38 Million ≈ $5.31 Million	Skr-10.15 Million ≈ $-1.09 Million	-0.206x	+11.51%
2023-12-31	Skr49.11 Million ≈ $5.29 Million	Skr-11.41 Million ≈ $-1.23 Million	-0.232x	+31.45%
2022-12-31	Skr33.29 Million ≈ $3.58 Million	Skr-11.29 Million ≈ $-1.21 Million	-0.339x	+14.14%
2021-12-31	Skr10.67 Million ≈ $1.15 Million	Skr-4.21 Million ≈ $-453.57K	-0.395x	-9042.11%
2020-12-31	Skr44.46K ≈ $4.78K	Skr-192.00 ≈ $-20.66	-0.004x	-104.13%
2019-12-31	Skr222.50 Million ≈ $23.94 Million	Skr23.26 Million ≈ $2.50 Million	0.105x	-19.36%
2018-12-31	Skr217.65 Million ≈ $23.42 Million	Skr28.21 Million ≈ $3.04 Million	0.130x	+19.69%
2017-12-31	Skr206.98 Million ≈ $22.27 Million	Skr22.42 Million ≈ $2.41 Million	0.108x	-13.99%
2016-12-31	Skr180.16 Million ≈ $19.39 Million	Skr22.69 Million ≈ $2.44 Million	0.126x	--

About Northgold AB

ST:NG Sweden Gold

Market Cap

$1.38 Million

Skr12.83 Million SEK

Market Cap Rank

#30009 Global

#706 in Sweden

Share Price

Skr0.56

Change (1 day)

+5.64%

52-Week Range

Skr0.50 - Skr0.82

All Time High

Skr70.20