Newcore Gold Ltd (NCAU) - Cash Flow Conversion Efficiency

Latest as of December 2025: -0.017x

Based on the latest financial reports, Newcore Gold Ltd (NCAU) has a cash flow conversion efficiency ratio of -0.017x 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$-1.12 Million ≈ $-811.02K USD) by net assets (CA$65.69 Million ≈ $47.52 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 Newcore Gold Ltd balance sheet independence to measure how much of total assets are equity-financed.

Newcore Gold Ltd - Cash Flow Conversion Efficiency Trend (2016–2025)

This chart illustrates how Newcore Gold Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Newcore Gold Ltd cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

Newcore Gold Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Newcore Gold Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
ImageneBio, Inc. NASDAQ:IMA	-0.120x
Borgestad A OL:BOR	0.121x
Klevo Rewards Limited AU:KLV	N/A
OKYO Pharma Ltd ADR NASDAQ:OKYO	0.448x
Eugene SPAC 1 KQ:187790	-0.273x
Ebusco Holding BV AS:EBUS	-0.448x
Aptech Limited NSE:APTECHT	0.008x
IZEA Inc NASDAQ:IZEA	0.024x

Annual Cash Flow Conversion Efficiency for Newcore Gold Ltd (2016–2025)

The table below shows the annual cash flow conversion efficiency of Newcore Gold Ltd from 2016 to 2025. For the full company profile with market capitalisation and key ratios, see Newcore Gold Ltd stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CA$65.69 Million ≈ $47.52 Million	CA$-4.26 Million ≈ $-3.08 Million	-0.065x	-20.62%
2024-12-31	CA$49.85 Million ≈ $36.06 Million	CA$-2.68 Million ≈ $-1.94 Million	-0.054x	-15.13%
2023-12-31	CA$42.58 Million ≈ $30.80 Million	CA$-1.99 Million ≈ $-1.44 Million	-0.047x	+11.91%
2022-12-31	CA$41.41 Million ≈ $29.96 Million	CA$-2.19 Million ≈ $-1.59 Million	-0.053x	+18.01%
2021-12-31	CA$39.08 Million ≈ $28.27 Million	CA$-2.53 Million ≈ $-1.83 Million	-0.065x	-39.88%
2020-12-31	CA$29.54 Million ≈ $21.37 Million	CA$-1.36 Million ≈ $-987.17K	-0.046x	-132.76%
2019-12-31	CA$14.25 Million ≈ $10.31 Million	CA$-282.90K ≈ $-204.65K	-0.020x	+20.60%
2018-12-31	CA$15.06 Million ≈ $10.89 Million	CA$-376.36K ≈ $-272.25K	-0.025x	-14.71%
2017-12-31	CA$14.46 Million ≈ $10.46 Million	CA$-315.01K ≈ $-227.87K	-0.022x	-67.01%
2016-12-31	CA$13.88 Million ≈ $10.04 Million	CA$-181.10K ≈ $-131.01K	-0.013x	--

About Newcore Gold Ltd

V:NCAU Canada Gold

Market Cap

$59.66 Million

CA$82.47 Million CAD

Market Cap Rank

#21189 Global

#729 in Canada

Share Price

CA$0.29

Change (1 day)

-4.92%

52-Week Range

CA$0.29 - CA$0.91

All Time High

CA$0.92