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 -0.059x 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. Also see how much is NeXGold Mining Corp worth for the company's overall valuation and market capitalisation.
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.
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. See NeXGold Mining Corp (NEXG) cash flow to debt to evaluate how effectively operating cash flow covers total debt obligations.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Green Cross
KO:005250
|
0.074x |
|
Shandong Sino-Agri United Biotechnology Co Ltd
SHE:003042
|
-0.034x |
|
Modern Avenue Group Co Ltd
SHE:002656
|
-0.393x |
|
Shanghai Kaytune Industrial Co.Ltd
SHE:301001
|
N/A |
|
Alussa Energy Acquisition Corp. II
NYSE:ALUB
|
-0.001x |
|
Text S.A.
WAR:TXT
|
0.303x |
|
Caregen Co.Ltd
KQ:214370
|
0.019x |
|
Jiangsu Jingxue Insulation
SHE:301010
|
0.044x |
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. View NeXGold Mining Corp share price for real-time trading data and today's change.
| 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