NeXGold Mining Corp Cash Flow Conversion Efficiency
NeXGold Mining Corp cash flow conversion efficiency. Based on the latest financial reports, NeXGold Mining Corp (NEXG) has a cash flow conversion efficiency ratio of -0.059x as of June 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$-13.55 Million ≈ $-9.81 Million USD) by net assets (CA$230.37 Million ≈ $166.64 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 NeXGold Mining Corp (2020–2025)
Cash flow conversion efficiency of NeXGold Mining Corp from 2020 to 2025. This chart illustrates how NeXGold Mining Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View NeXGold Mining Corp stock quote for real-time trading data and today's change.
NeXGold Mining Corp Cash Flow Conversion Ratio Explained
NeXGold 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.
NeXGold Mining Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NeXGold Mining Corp ranked by their cash flow conversion efficiency. Also see NeXGold Mining Corp market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jiangxi Haiyuan Composites Technology Co Ltd
SHE:002529
|
0.566x |
|
Enjoei S.A
SA:ENJU3
|
0.112x |
|
Archimedes Tech SPAC Partners II Co. Unit
NASDAQ:ATIIU
|
0.000x |
|
Sarana Mitra Luas
JK:SMIL
|
0.098x |
|
Immobel
BR:IMMO
|
0.057x |
|
Highlight Tech
TWO:6208
|
0.040x |
|
Selan Exploration Technology Limited
NSE:SELAN
|
0.214x |
|
Valid Soluções S.A
SA:VLID3
|
0.074x |
Annual Cash Flow Conversion Efficiency for NeXGold Mining Corp (2020–2025)
The table below shows the annual cash flow conversion efficiency of NeXGold Mining Corp from 2020 to 2025. Review NeXGold Mining Corp (NEXG) flexibility index to assess the company's free cash flow relative to its total liabilities.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$240.68 Million ≈ $174.10 Million |
CA$-35.93 Million ≈ $-25.99 Million |
-0.149x | -58.32% |
| 2024-12-31 | CA$159.27 Million ≈ $115.21 Million |
CA$-15.02 Million ≈ $-10.86 Million |
-0.094x | +17.08% |
| 2023-12-31 | CA$99.46 Million ≈ $71.95 Million |
CA$-11.31 Million ≈ $-8.18 Million |
-0.114x | +33.45% |
| 2022-12-31 | CA$104.09 Million ≈ $75.29 Million |
CA$-17.79 Million ≈ $-12.87 Million |
-0.171x | -17.68% |
| 2021-12-31 | CA$122.76 Million ≈ $88.80 Million |
CA$-17.82 Million ≈ $-12.89 Million |
-0.145x | -527.04% |
| 2020-12-31 | CA$173.05 Million ≈ $125.18 Million |
CA$-4.01 Million ≈ $-2.90 Million |
-0.023x | -- |
About NeXGold Mining Corp
NeXGold Mining Corp. operates as a gold exploration and development company in Canada. The company's flagship asset is the 100%-owned Goliath Gold Complex, an advanced stage high-grade gold deposit near Dryden, Ontario, which includes the Goliath, Goldlund, and Miller projects. The company was formerly known as Treasury Metals Inc. and changed its name to NeXGold Mining Corp. in July 2024. NeXGol… Read more