Nordic Iron Ore (NIO) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.002x

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. See NIO equity to assets ratio to measure how much of total assets are equity-financed.

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. Check NIO cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

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
Samkee Automotive Co. Ltd KQ:122350	0.046x
4Mass SA WAR:4MS	0.110x
Panda Eco System Berhad KLSE:0290	0.026x
4C Group AB ST:4C	0.019x
Touchstone Exploration Inc TO:TXP	0.068x
Viomi Technology ADR NASDAQ:VIOT	-0.320x
Big Digital Energy, Inc. NASDAQ:BGDE	1.112x
Globrands Group Ltd TA:GLRS	0.004x

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 NIO company net worth.

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

ST:NIO Sweden Other Industrial Metals & Mining

Market Cap

$32.89 Million

Skr305.62 Million SEK

Market Cap Rank

#23387 Global

#449 in Sweden

Share Price

Skr4.50

Change (1 day)

-1.75%

52-Week Range

Skr3.76 - Skr5.66

All Time High

Skr13.90