Newcore Gold Ltd (NCAU) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Newcore Gold Ltd (NCAU) has a cash flow conversion efficiency ratio of 0.007x 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$489.59K) by net assets (CA$65.81 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Newcore Gold Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Newcore Gold Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
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 |
|---|---|
|
Tharimmune Inc.
NASDAQ:THAR
|
-0.301x |
|
Berkeley Energia Ltd
AU:BKY
|
0.000x |
|
Stella X Public Company Limited
BK:STELLA
|
-0.040x |
|
Randon S.A. Implementos e Participações
SA:RAPT3
|
0.134x |
|
Benchmark Holdings Plc
LSE:BMK
|
0.036x |
|
Lundin Energy AB (publ)
F:LYV
|
-0.013x |
|
Airtificial Intelligence Structures SA
MC:AI
|
-0.073x |
|
RCM Technologies Inc
NASDAQ:RCMT
|
-0.030x |
Annual Cash Flow Conversion Efficiency for Newcore Gold Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of Newcore Gold Ltd from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$49.85 Million | CA$-2.68 Million | -0.054x | -15.13% |
| 2023-12-31 | CA$42.58 Million | CA$-1.99 Million | -0.047x | +11.91% |
| 2022-12-31 | CA$41.41 Million | CA$-2.19 Million | -0.053x | +18.01% |
| 2021-12-31 | CA$39.08 Million | CA$-2.53 Million | -0.065x | -39.88% |
| 2020-12-31 | CA$29.54 Million | CA$-1.36 Million | -0.046x | -132.76% |
| 2019-12-31 | CA$14.25 Million | CA$-282.90K | -0.020x | +20.60% |
| 2018-12-31 | CA$15.06 Million | CA$-376.36K | -0.025x | -14.71% |
| 2017-12-31 | CA$14.46 Million | CA$-315.01K | -0.022x | -67.01% |
| 2016-12-31 | CA$13.88 Million | CA$-181.10K | -0.013x | -- |
About Newcore Gold Ltd
Newcore Gold Ltd. engages in the acquisition, advancement, and development of mineral resource properties in Ghana. It holds 100% interest in the Enchi Gold Project covering 248 square kilometers located in southwest Ghana, as well as holds six prospecting licenses. The company was formerly known as Pinecrest Resources Ltd. and changed its name to Newcore Gold Ltd. in August 2020. Newcore Gold Lt… Read more