Northern Dynasty Minerals Ltd (NDM) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.089x

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. See Northern Dynasty Minerals Ltd (NDM) defensive interval to measure how many days the company can operate on defensive assets alone.

Northern Dynasty Minerals Ltd - Cash Flow Conversion Efficiency Trend (2001–2024)

This chart illustrates how Northern Dynasty Minerals Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

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.

Company	Cash Flow Conversion Efficiency
MORIMATSU INT.H.C. (HK) F:1S5	N/A
Zhongnongfa Seed Industry Group Co Ltd SHG:600313	-0.021x
Genus Power Infrastructures Limited NSE:GENUSPOWER	-0.083x
Jiangxi Xinyu Guoke Technology Co Ltd Class A SHE:300722	0.003x
Zhejiang Truelove Vogue Co Ltd SHE:003041	0.010x
Shaanxi Heimao Coking Co Ltd SHG:601015	0.086x
Meren Energy ST:MER	0.166x
Mission Produce Inc NASDAQ:AVO	-0.029x

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. For the full company profile with market capitalisation and key ratios, see NDM stock market capitalisation.

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

$1.18 Billion

CA$1.64 Billion CAD

Market Cap Rank

#9168 Global

#272 in Canada

Share Price

CA$2.96

Change (1 day)

-3.58%

52-Week Range

CA$1.04 - CA$3.89

All Time High

CA$4.41