EV Nickel Inc Cash Flow Conversion Efficiency

Latest as of December 2025: -0.177x

EV Nickel Inc cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of EV Nickel Inc from 2021 to 2024. This chart illustrates how EV Nickel Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of EV Nickel Inc for real-time trading data and today's change.

EV Nickel Inc Cash Flow Conversion Ratio Explained

EV Nickel Inc 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.

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. Also see EVNI company net worth for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
AIR INDUSTRIES GR.DL-001 F:YH1	-0.031x
LOOP INDUSTRIES DL-001 F:3L9	0.102x
Merchants Trust PLC LSE:MRCH	0.019x
CBL International Limited Ordinary Shares NASDAQ:BANL	-0.025x
ASTORY Co.Ltd KQ:241840	-0.064x
Fusion Fuel Green PLC NASDAQ:HTOO	-0.308x
Nusantara Almazia JK:NZIA	0.007x
Tellusgruppen AB ST:TELLUS	0.738x

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. Review EVNI financial flexibility index to assess the company's free cash flow relative to its total liabilities.

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

$11.98 Million

CA$16.57 Million CAD

Market Cap Rank

#26479 Global

#1064 in Canada

Share Price

CA$0.12

Change (1 day)

-4.17%

52-Week Range

CA$0.12 - CA$0.28

All Time High

CA$0.30