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 0.006x 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 ≈ $-1.79 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see New Destiny Mining Corp stock valuation for the company's overall valuation and market capitalisation.
New Destiny Mining Corp - Cash Flow Conversion Efficiency Trend (2014–2025)
This chart illustrates how New Destiny Mining Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.
New Destiny Mining Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of New Destiny Mining Corp ranked by their cash flow conversion efficiency. Explore earnings quality score of New Destiny Mining Corp to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shoe Zone PLC
LSE:SHOE
|
0.326x |
|
H&G High Conviction Ltd
AU:HCF
|
-0.275x |
|
LEGIBLE INC.
F:D0T
|
N/A |
|
CENTAURUS ENERGY INC.
F:72M0
|
-0.038x |
|
in Style Group PLC
LSE:ITS
|
-0.054x |
|
IMMOTION GRP LS-0004010
F:6XK
|
N/A |
|
Gelion PLC
LSE:GELN
|
-0.175x |
|
Hill Street Beverage Company Inc
V:HILL
|
-0.272x |
Annual Cash Flow Conversion Efficiency for New Destiny Mining Corp (2014–2025)
The table below shows the annual cash flow conversion efficiency of New Destiny Mining Corp from 2014 to 2025. View New Destiny Mining Corp stock price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-06-30 | CA$-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.