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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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.

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
Control Bionics Ltd AU:CBL	-0.288x
Samyang Holdings Corp KO:000075	0.036x
Sammakorn Public Company Limited BK:SAMCO	0.040x
Clarkson LSE:CKN	-0.162x
RGT Bhd KLSE:9954	0.028x
Lead Real Estate Co., Ltd American Depositary Shares NASDAQ:LRE	94.590x
Algorae Pharmaceuticals Ltd AU:1AI	-0.327x
LQR House Inc NASDAQ:YHC	-0.411x

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 EV Nickel Inc (EVNI) total market value.

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

$17.20 Million

CA$23.77 Million CAD

Market Cap Rank

#25577 Global

#1023 in Canada

Share Price

CA$0.17

Change (1 day)

+0.00%

52-Week Range

CA$0.15 - CA$0.30

All Time High

CA$0.30