Northgold AB Cash Flow Conversion Efficiency

Latest as of March 2025: -0.044x

Northgold AB cash flow conversion efficiency. 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.

Cash Flow Conversion Efficiency of Northgold AB (2016–2024)

Cash flow conversion efficiency of Northgold AB from 2016 to 2024. This chart illustrates how Northgold AB's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Northgold AB stock price for real-time trading data and today's change.

Northgold AB Cash Flow Conversion Ratio Explained

Northgold AB cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Northgold AB Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Northgold AB ranked by their cash flow conversion efficiency. Also see Northgold AB (NG) total market value for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Advent Technologies Holdings Inc NASDAQ:ADN	-0.015x
Sono Group N.V. NASDAQ:SSM	-2.078x
elexxion AG XETRA:E8X	-708202.000x
Valora Effekten Handel AG F:VEH	N/A
General Shopping e Outlets do Brasil S.A. SA:GSHP3	-0.028x
Rights and Issues Investment Trust Public Limited Company LSE:RIII	0.009x
Hydro Exploitations SA PA:MLHYE	N/A
Assetowl Ltd AU:AO1	0.066x

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. Review free cash flow generation of Northgold AB to assess how much free cash flow the company generates relative to operating cash flow.

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

#30408 Global

#694 in Sweden

Share Price

Skr0.56

Change (1 day)

+0.00%

52-Week Range

Skr0.56 - Skr0.56

All Time High

Skr70.20