Nobel29 Resources Corp (NBLC) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.055x

Based on the latest financial reports, Nobel29 Resources Corp (NBLC) has a cash flow conversion efficiency ratio of 0.055x 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$-20.44K ≈ $-14.78K USD) by net assets (CA$-374.67K ≈ $-271.03K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See NBLC equity to assets ratio to measure how much of total assets are equity-financed.

Nobel29 Resources Corp - Cash Flow Conversion Efficiency Trend (2019–2024)

This chart illustrates how Nobel29 Resources Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check NBLC operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

Nobel29 Resources Corp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Nobel29 Resources Corp ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Nexgel Inc NASDAQ:NXGL	-0.112x
Silver Grail Resources Ltd V:SVG	-0.017x
Pensionbee Group PLC LSE:PBEE	-0.036x
Cash.Medien AG HM:MF8	N/A
Techfast Holdings Bhd KLSE:0084	-0.089x
Vivakor Inc NASDAQ:VIVK	-0.540x
Chakana Copper Corp V:PERU	-0.248x
Altech Batteries Ltd AU:ATC	-0.199x

Annual Cash Flow Conversion Efficiency for Nobel29 Resources Corp (2019–2024)

The table below shows the annual cash flow conversion efficiency of Nobel29 Resources Corp from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see Nobel29 Resources Corp (NBLC) total market value.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$-52.43K ≈ $-37.93K	CA$-1.01 Million ≈ $-727.68K	19.185x	+2159.17%
2023-12-31	CA$-501.70K ≈ $-362.92K	CA$-426.05K ≈ $-308.20K	0.849x	+108.79%
2022-12-31	CA$334.38K ≈ $241.88K	CA$-3.23 Million ≈ $-2.34 Million	-9.660x	-327.78%
2021-12-31	CA$3.68 Million ≈ $2.67 Million	CA$-8.32 Million ≈ $-6.02 Million	-2.258x	-104.04%
2020-12-31	CA$-57.95K ≈ $-41.92K	CA$-3.24 Million ≈ $-2.34 Million	55.832x	+5111.50%
2019-12-31	CA$-50.18K ≈ $-36.30K	CA$-53.76K ≈ $-38.89K	1.071x	--

About Nobel29 Resources Corp

V:NBLC Canada Other Industrial Metals & Mining

Market Cap

$3.79 Million

CA$5.23 Million CAD

Market Cap Rank

#29047 Global

#1331 in Canada

Share Price

CA$0.03

Change (1 day)

+25.00%

52-Week Range

CA$0.02 - CA$0.17

All Time High

CA$1.00