New Destiny Mining Corp (NED) - Cash Flow Conversion Efficiency
Based on the latest financial reports, New Destiny Mining Corp (NED) has a cash flow conversion efficiency ratio of 0.075x 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$-170.37K) by net assets (CA$-2.28 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
New Destiny Mining Corp - Cash Flow Conversion Efficiency Trend (2014–2025)
This chart illustrates how New Destiny Mining Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kavango Resources PLC
LSE:KAV
|
-0.160x |
|
INDICE FINANCEIRO
SA:IFNC
|
N/A |
|
H&G High Conviction Ltd
AU:HCF
|
-0.275x |
|
ALDD Ventures Corp.
V:ALDD-P
|
N/A |
|
IN8BIO INC. DL-0001
F:6JH
|
N/A |
|
Poolbeg Pharma PLC
LSE:POLB
|
-0.197x |
|
5D Acquisition Corp.
V:FIVD-P
|
N/A |
|
VPC Specialty Lending Investments PLC
LSE:VSL
|
1.033x |
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.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-06-30 | CA$-2.20 Million | CA$-407.80K | 0.186x | +1304.16% |
| 2024-06-30 | CA$-1.38 Million | CA$-18.29K | 0.013x | -85.64% |
| 2023-06-30 | CA$-643.35K | CA$-59.23K | 0.092x | -15.00% |
| 2022-06-30 | CA$-573.73K | CA$-62.14K | 0.108x | -44.60% |
| 2021-06-30 | CA$-556.80K | CA$-108.85K | 0.195x | -51.12% |
| 2020-06-30 | CA$-529.43K | CA$-211.77K | 0.400x | -40.24% |
| 2019-06-30 | CA$-479.53K | CA$-320.94K | 0.669x | -88.20% |
| 2018-06-30 | CA$-112.80K | CA$-639.49K | 5.669x | +89.60% |
| 2017-06-30 | CA$-134.18K | CA$-401.22K | 2.990x | +778.33% |
| 2016-06-30 | CA$-199.46K | CA$-67.90K | 0.340x | +109.00% |
| 2015-06-30 | CA$67.90K | CA$-256.72K | -3.781x | -199.64% |
| 2014-06-30 | CA$-72.52K | CA$-275.19K | 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.