New Destiny Mining Corp (NED) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.006x

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. See debt-free asset ratio of New Destiny Mining Corp to measure how much of total assets are equity-financed.

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. Check NED operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

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
LogicMark Inc NASDAQ:LGMK	-0.081x
GCL Global Holdings Ltd Warrants NASDAQ:GCLWW	-0.003x
Portmeirion Group PLC LSE:PMP	-0.015x
Provexis plc LSE:PXS	-0.307x
Sosandar Plc LSE:SOS	0.053x
Qlucore AB (publ) ST:NOVKAN	-0.411x
Dewhurst plc LSE:DWHA	0.062x
Sanco Industries Limited NSE:SANCO	0.025x

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 market cap of New Destiny Mining Corp.

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

V:NED Canada Other Industrial Metals & Mining

Market Cap

$327.05K

CA$452.11K CAD

Market Cap Rank

#31070 Global

#1661 in Canada

Share Price

CA$0.02

Change (1 day)

-20.00%

52-Week Range

CA$0.02 - CA$0.06

All Time High

CA$0.35