New Destiny Mining Corp Cash Flow Conversion Efficiency
New Destiny Mining Corp cash flow conversion efficiency. Based on the latest financial reports, New Destiny Mining Corp (NED) has a cash flow conversion efficiency ratio of 0.006x as of March 2026. 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$-15.04K ≈ $-10.88K USD) by net assets (CA$-2.48 Million ≈ $-1.79 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of New Destiny Mining Corp (2014–2025)
Cash flow conversion efficiency of New Destiny Mining Corp from 2014 to 2025. This chart illustrates how New Destiny Mining Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View NED stock price for real-time trading data and today's change.
New Destiny Mining Corp Cash Flow Conversion Ratio Explained
New Destiny Mining Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
New Destiny Mining Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of New Destiny Mining Corp ranked by their cash flow conversion efficiency. Also see New Destiny Mining Corp (NED) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
GOLCAP RESOURCES CORP
F:2SO0
|
-0.030x |
|
Network Media Group Inc
V:NTE
|
0.082x |
|
H&G High Conviction Ltd
AU:HCF
|
-0.275x |
|
LEGIBLE INC.
F:D0T
|
N/A |
|
CT UK High Income Trust Plc
LSE:CHIB
|
0.007x |
|
in Style Group PLC
LSE:ITS
|
-0.054x |
|
IMMOTION GRP LS-0004010
F:6XK
|
N/A |
|
Digital Brands Group, Inc. Common Stock
NASDAQ:DBGI
|
-10.355x |
Annual Cash Flow Conversion Efficiency for New Destiny Mining Corp (2014–2025)
The table below shows the annual cash flow conversion efficiency of New Destiny Mining Corp from 2014 to 2025. Review New Destiny Mining Corp free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-06-30 | CA$-2.20 Million ≈ $-1.59 Million |
CA$-407.80K ≈ $-294.99K |
0.186x | +1304.16% |
| 2024-06-30 | CA$-1.38 Million ≈ $-1.00 Million |
CA$-18.29K ≈ $-13.23K |
0.013x | -85.64% |
| 2023-06-30 | CA$-643.35K ≈ $-465.39K |
CA$-59.23K ≈ $-42.84K |
0.092x | -15.00% |
| 2022-06-30 | CA$-573.73K ≈ $-415.02K |
CA$-62.14K ≈ $-44.95K |
0.108x | -44.60% |
| 2021-06-30 | CA$-556.80K ≈ $-402.78K |
CA$-108.85K ≈ $-78.74K |
0.195x | -51.12% |
| 2020-06-30 | CA$-529.43K ≈ $-382.98K |
CA$-211.77K ≈ $-153.19K |
0.400x | -40.24% |
| 2019-06-30 | CA$-479.53K ≈ $-346.88K |
CA$-320.94K ≈ $-232.16K |
0.669x | -88.20% |
| 2018-06-30 | CA$-112.80K ≈ $-81.59K |
CA$-639.49K ≈ $-462.60K |
5.669x | +89.60% |
| 2017-06-30 | CA$-134.18K ≈ $-97.06K |
CA$-401.22K ≈ $-290.23K |
2.990x | +778.33% |
| 2016-06-30 | CA$-199.46K ≈ $-144.28K |
CA$-67.90K ≈ $-49.12K |
0.340x | +109.00% |
| 2015-06-30 | CA$67.90K ≈ $49.12K |
CA$-256.72K ≈ $-185.71K |
-3.781x | -199.64% |
| 2014-06-30 | CA$-72.52K ≈ $-52.46K |
CA$-275.19K ≈ $-199.07K |
3.795x | -- |
About New Destiny Mining Corp
New Destiny Mining Corp. engages in acquiring, exploring, and evaluating mineral properties in Canada. The company explores for silver, gold, lead, zinc, and copper deposits. Its flagship project is the Treasure Mountain silver property located in southern British Columbia, Canada. The company was incorporated in 2009 and is headquartered in Vancouver, Canada.