NeXGold Mining Corp (NEXG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, NeXGold Mining Corp (NEXG) has a cash flow conversion efficiency ratio of -0.046x 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$-11.08 Million ≈ $-8.02 Million USD) by net assets (CA$240.68 Million ≈ $174.10 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
NeXGold Mining Corp - Cash Flow Conversion Efficiency Trend (2020–2025)
This chart illustrates how NeXGold Mining Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read NeXGold Mining Corp total liabilities for a breakdown of total debt and financial obligations.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Clearpoint Neuro Inc
NASDAQ:CLPT
|
-0.431x |
|
Shenzhen Magic Design & Decoration Engineering Co Ltd
SHE:002856
|
-0.234x |
|
SPC Samlip Co Ltd
KO:005610
|
0.073x |
|
ProKidney Corp.
NASDAQ:PROK
|
-0.084x |
|
Hunan Copote Science Technology Co Ltd
SHG:600476
|
0.282x |
|
Korea Information & Communications Co. Ltd
KQ:025770
|
-0.057x |
|
Cape Industries Ltd
KQ:064820
|
0.310x |
|
Eagle Point Income Company Inc
NYSE:EIC
|
0.022x |
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. For the full company profile with market capitalisation and key ratios, see NeXGold Mining Corp (NEXG) total market value.
| 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. Its Goliath property covers approximately 7,601 hectares (ha) comprising 284 mining claims totaling approximately 6,254 … Read more