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 0.000x 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$-543.00 ≈ $-392.80 USD) by net assets (CA$-2.38 Million ≈ $-1.72 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See NED days of operational coverage to measure how many days the company can operate on defensive assets alone.
New Destiny Mining Corp - Cash Flow Conversion Efficiency Trend (2014–2025)
This chart illustrates how New Destiny Mining Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.
New Destiny Mining Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of New Destiny Mining Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MEDICOX Co. Ltd
KQ:054180
|
-0.040x |
|
Oxbridge Re Holdings Equity Warrant
NASDAQ:OXBRW
|
0.067x |
|
Panthera Resources PLC
LSE:PAT
|
-0.312x |
|
STV Group plc
LSE:STVG
|
-0.602x |
|
Staffline Group Plc
LSE:STAF
|
-0.220x |
|
Ireka Corporation Bhd
KLSE:8834
|
0.003x |
|
Bango plc
LSE:BGO
|
0.097x |
|
Ortel Communications Limited
NSE:ORTEL
|
-0.035x |
Annual Cash Flow Conversion Efficiency for New Destiny Mining Corp (2014–2025)
The table below shows the annual cash flow conversion efficiency of New Destiny Mining Corp from 2014 to 2025. For the full company profile with market capitalisation and key ratios, see New Destiny Mining Corp stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-06-30 | CA$-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.