Northern Dynasty Minerals Ltd Cash Flow Conversion Efficiency

Latest as of September 2025: -0.089x

Northern Dynasty Minerals Ltd cash flow conversion efficiency. Based on the latest financial reports, Northern Dynasty Minerals Ltd (NDM) has a cash flow conversion efficiency ratio of -0.089x 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 (CA$-5.37 Million ≈ $-3.88 Million USD) by net assets (CA$60.40 Million ≈ $43.69 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 Northern Dynasty Minerals Ltd (2001–2024)

Cash flow conversion efficiency of Northern Dynasty Minerals Ltd from 2001 to 2024. This chart illustrates how Northern Dynasty Minerals Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Northern Dynasty Minerals Ltd (NDM) stock price for real-time trading data and today's change.

Northern Dynasty Minerals Ltd Cash Flow Conversion Ratio Explained

Northern Dynasty Minerals Ltd 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.

Northern Dynasty Minerals Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Northern Dynasty Minerals Ltd ranked by their cash flow conversion efficiency. Also see Northern Dynasty Minerals Ltd market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Guangdong Banbao Toy Co Ltd SHG:603398	-0.142x
Dipula Income Fund Ltd JSE:DIB	0.021x
Shandong Synthesis Electronic Technology Co Ltd SHE:300479	0.008x
Gigasolar Materials TWO:3691	-0.036x
Banyan Gold Corp V:BYN	0.025x
Shanghai Kehua Bio-Engineering Co Ltd SHE:002022	0.009x
Kangxin New Materials Co Ltd SHG:600076	-0.009x
Advantage Solutions Inc NASDAQ:ADV	0.021x

Annual Cash Flow Conversion Efficiency for Northern Dynasty Minerals Ltd (2001–2024)

The table below shows the annual cash flow conversion efficiency of Northern Dynasty Minerals Ltd from 2001 to 2024. Review how much free cash does Northern Dynasty Minerals Ltd generate 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	CA$97.20 Million ≈ $70.31 Million	CA$-17.14 Million ≈ $-12.40 Million	-0.176x	+1.64%
2023-12-31	CA$123.28 Million ≈ $89.18 Million	CA$-22.11 Million ≈ $-15.99 Million	-0.179x	-6.81%
2022-12-31	CA$142.69 Million ≈ $103.22 Million	CA$-23.96 Million ≈ $-17.33 Million	-0.168x	+19.61%
2021-12-31	CA$155.49 Million ≈ $112.48 Million	CA$-32.48 Million ≈ $-23.49 Million	-0.209x	+37.76%
2020-12-31	CA$172.31 Million ≈ $124.64 Million	CA$-57.82 Million ≈ $-41.83 Million	-0.336x	+28.21%
2019-12-31	CA$138.50 Million ≈ $100.19 Million	CA$-64.74 Million ≈ $-46.83 Million	-0.467x	-8.08%
2018-12-31	CA$148.21 Million ≈ $107.21 Million	CA$-64.10 Million ≈ $-46.37 Million	-0.433x	-38.24%
2017-12-31	CA$137.50 Million ≈ $99.47 Million	CA$-43.02 Million ≈ $-31.12 Million	-0.313x	-93.92%
2016-12-31	CA$148.85 Million ≈ $107.67 Million	CA$-24.01 Million ≈ $-17.37 Million	-0.161x	+33.41%
2015-12-31	CA$154.98 Million ≈ $112.11 Million	CA$-37.55 Million ≈ $-27.16 Million	-0.242x	-11.47%
2014-12-31	CA$127.96 Million ≈ $92.57 Million	CA$-27.81 Million ≈ $-20.12 Million	-0.217x	-270.64%
2013-12-31	CA$133.93 Million ≈ $96.88 Million	CA$-7.85 Million ≈ $-5.68 Million	-0.059x	+27.77%
2012-12-31	CA$128.89 Million ≈ $93.24 Million	CA$-10.46 Million ≈ $-7.57 Million	-0.081x	-53.32%
2011-12-31	CA$141.36 Million ≈ $102.25 Million	CA$-7.49 Million ≈ $-5.41 Million	-0.053x	-23.90%
2010-12-31	CA$140.06 Million ≈ $101.32 Million	CA$-5.99 Million ≈ $-4.33 Million	-0.043x	-59.83%
2009-12-31	CA$146.07 Million ≈ $105.66 Million	CA$-3.91 Million ≈ $-2.83 Million	-0.027x	+94.91%
2008-12-31	CA$-36.12 Million ≈ $-26.13 Million	CA$18.99 Million ≈ $13.73 Million	-0.526x	-23.70%
2007-12-31	CA$144.86 Million ≈ $104.79 Million	CA$-61.55 Million ≈ $-44.53 Million	-0.425x	-74.18%
2006-12-31	CA$197.53 Million ≈ $142.89 Million	CA$-48.18 Million ≈ $-34.86 Million	-0.244x	+85.22%
2005-12-31	CA$28.14 Million ≈ $20.35 Million	CA$-46.45 Million ≈ $-33.60 Million	-1.651x	-11.38%
2004-12-31	CA$22.42 Million ≈ $16.22 Million	CA$-33.23 Million ≈ $-24.04 Million	-1.482x	+24.08%
2003-12-31	CA$3.25 Million ≈ $2.35 Million	CA$-6.35 Million ≈ $-4.59 Million	-1.953x	+77.88%
2002-12-31	CA$498.86K ≈ $360.87K	CA$-4.40 Million ≈ $-3.19 Million	-8.828x	-1125.63%
2001-12-31	CA$1.82 Million ≈ $1.32 Million	CA$-1.31 Million ≈ $-948.23K	-0.720x	--

About Northern Dynasty Minerals Ltd

TO:NDM Canada Other Industrial Metals & Mining

Market Cap

$387.70 Million

CA$535.96 Million CAD

Market Cap Rank

#13212 Global

#393 in Canada

Share Price

CA$0.97

Change (1 day)

+0.00%

52-Week Range

CA$0.97 - CA$3.42

All Time High

CA$4.41