Nordic Iron Ore (NIO) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Nordic Iron Ore (NIO) has a cash flow conversion efficiency ratio of 0.002x as of September 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 (Skr475.00K ≈ $51.12K USD) by net assets (Skr258.38 Million ≈ $27.81 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nordic Iron Ore - Cash Flow Conversion Efficiency Trend (2010–2024)
This chart illustrates how Nordic Iron Ore's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read NIO liabilities breakdown for a breakdown of total debt and financial obligations.
Nordic Iron Ore Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nordic Iron Ore ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Katapult Holdings Inc
NASDAQ:KPLT
|
-0.068x |
|
Qingdao Hengshun Zhongsheng
SHE:300208
|
-4.160x |
|
Asuransi Harta Aman Pratama Tbk PT
JK:AHAP
|
0.088x |
|
Korean Drug Co. Ltd
KQ:014570
|
0.046x |
|
Eldav-L
TA:ELDAV
|
0.022x |
|
Quilter PLC
LSE:QLT
|
2.167x |
|
TINYBUILD REGSCAT3 DL-001
F:8Z3
|
N/A |
|
Geomega Resources Inc
V:GMA
|
-0.797x |
Annual Cash Flow Conversion Efficiency for Nordic Iron Ore (2010–2024)
The table below shows the annual cash flow conversion efficiency of Nordic Iron Ore from 2010 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Nordic Iron Ore.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Skr273.64 Million ≈ $29.45 Million |
Skr-11.81 Million ≈ $-1.27 Million |
-0.043x | +31.23% |
| 2023-12-31 | Skr132.13 Million ≈ $14.22 Million |
Skr-8.29 Million ≈ $-892.46K |
-0.063x | -8.71% |
| 2022-12-31 | Skr145.07 Million ≈ $15.61 Million |
Skr-8.38 Million ≈ $-901.28K |
-0.058x | +1.38% |
| 2021-12-31 | Skr155.54 Million ≈ $16.74 Million |
Skr-9.11 Million ≈ $-979.84K |
-0.059x | +21.86% |
| 2020-12-31 | Skr153.75 Million ≈ $16.55 Million |
Skr-11.52 Million ≈ $-1.24 Million |
-0.075x | -59.15% |
| 2019-12-31 | Skr147.83 Million ≈ $15.91 Million |
Skr-6.96 Million ≈ $-748.79K |
-0.047x | +44.54% |
| 2018-12-31 | Skr136.65 Million ≈ $14.71 Million |
Skr-11.60 Million ≈ $-1.25 Million |
-0.085x | -28.41% |
| 2017-12-31 | Skr106.25 Million ≈ $11.43 Million |
Skr-7.02 Million ≈ $-755.68K |
-0.066x | +24.43% |
| 2016-12-31 | Skr98.10 Million ≈ $10.56 Million |
Skr-8.58 Million ≈ $-923.24K |
-0.087x | +32.56% |
| 2015-12-31 | Skr106.84 Million ≈ $11.50 Million |
Skr-13.85 Million ≈ $-1.49 Million |
-0.130x | +7.67% |
| 2014-12-31 | Skr98.94 Million ≈ $10.65 Million |
Skr-13.89 Million ≈ $-1.50 Million |
-0.140x | +58.74% |
| 2013-12-31 | Skr55.11 Million ≈ $5.93 Million |
Skr-18.76 Million ≈ $-2.02 Million |
-0.340x | +99.87% |
| 2012-12-31 | Skr70.92K ≈ $7.63K |
Skr-18.24 Million ≈ $-1.96 Million |
-257.141x | -175501.09% |
| 2011-12-31 | Skr30.15 Million ≈ $3.24 Million |
Skr-4.41 Million ≈ $-475.05K |
-0.146x | -1318.50% |
| 2010-12-31 | Skr16.16 Million ≈ $1.74 Million |
Skr194.26K ≈ $20.91K |
0.012x | -- |
About Nordic Iron Ore
Nordic Iron Ore AB (publ) engages in the exploration, development, and mining of iron ore deposits in Västerbergslagen, Sweden. The company's products include ore concentrates, sinters, pellets, and lump ores. It also explores for apatite, lanthanum, gold, and copper deposits. Its exploitation concessions include Blötbergsgruvan K Nr. 1, Blötbergsgruvan K Nr. 2, Håksbergsgruvan K Nr. 1, and Södra… Read more