EV Nickel Inc (EVNI) - Cash Flow Conversion Efficiency

Latest as of December 2025: -0.177x

Based on the latest financial reports, EV Nickel Inc (EVNI) has a cash flow conversion efficiency ratio of -0.177x as of December 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$-693.67K ≈ $-501.79K USD) by net assets (CA$3.91 Million ≈ $2.83 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 EVNI net asset quality index to measure how much of total assets are equity-financed.

EV Nickel Inc - Cash Flow Conversion Efficiency Trend (2021–2024)

This chart illustrates how EV Nickel Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore EVNI cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

EV Nickel Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of EV Nickel Inc ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
17 Education Technology Group Inc NASDAQ:YQ	-1.269x
HEC Infra Projects Limited NSE:HECPROJECT	0.067x
PGF Polska Grupa Fotowoltaiczna SA WAR:PGV	0.000x
BIFIDO Co. Ltd KQ:238200	-0.001x
ParaZero Technologies Ltd. Ordinary Shares NASDAQ:PRZO	-0.910x
Southern Hemisphere Mining Ltd AU:SUH	-1.457x
Leaders Cosmetics Co. Ltd KQ:016100	0.004x
Libet S.A. WAR:LBT	-0.026x

Annual Cash Flow Conversion Efficiency for EV Nickel Inc (2021–2024)

The table below shows the annual cash flow conversion efficiency of EV Nickel Inc from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of EV Nickel Inc.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-03-31	CA$4.74 Million ≈ $3.43 Million	CA$-2.92 Million ≈ $-2.12 Million	-0.617x	-109.11%
2023-03-31	CA$-634.65K ≈ $-459.09K	CA$-4.30 Million ≈ $-3.11 Million	6.776x	+268.12%
2022-03-31	CA$998.75K ≈ $722.48K	CA$-4.03 Million ≈ $-2.91 Million	-4.030x	-862.24%
2021-03-31	CA$1.48 Million ≈ $1.07 Million	CA$-621.02K ≈ $-449.24K	-0.419x	--

About EV Nickel Inc

V:EVNI Canada Other Industrial Metals & Mining

Market Cap

$13.55 Million

CA$18.73 Million CAD

Market Cap Rank

#26283 Global

#1048 in Canada

Share Price

CA$0.13

Change (1 day)

+13.04%

52-Week Range

CA$0.12 - CA$0.30

All Time High

CA$0.30