New Found Gold Corp (NFG) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.158x

Based on the latest financial reports, New Found Gold Corp (NFG) has a cash flow conversion efficiency ratio of -0.158x as of September 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$-16.03 Million ≈ $-11.59 Million USD) by net assets (CA$101.33 Million ≈ $73.30 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 market cap of New Found Gold Corp for the company's overall valuation and market capitalisation.

New Found Gold Corp - Cash Flow Conversion Efficiency Trend (2019–2024)

This chart illustrates how New Found Gold Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.

New Found Gold Corp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of New Found Gold Corp ranked by their cash flow conversion efficiency. Explore NFG cash flow quality index to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Alligo AB Series B ST:ALLIGO-B	0.053x
Guizhou Guihang Automotive Components Co Ltd SHG:600523	-0.002x
LIFETECH SCI.DL-00000125 F:81X	N/A
HIVE Digital Technologies Ltd. V:HIVE	0.082x
Sino-High (China) Co. Ltd. SHE:301076	N/A
Getein Biotech Inc SHG:603387	0.034x
Tourism Finance Corporation of India Limited NSE:TFCILTD	-0.039x
Zhang Xiaoquan Inc. SHE:301055	N/A

Annual Cash Flow Conversion Efficiency for New Found Gold Corp (2019–2024)

The table below shows the annual cash flow conversion efficiency of New Found Gold Corp from 2019 to 2024. View today's stock price for New Found Gold Corp for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$66.57 Million ≈ $48.16 Million	CA$-55.68 Million ≈ $-40.28 Million	-0.836x	+44.81%
2023-12-31	CA$65.50 Million ≈ $47.38 Million	CA$-99.27 Million ≈ $-71.81 Million	-1.516x	-70.09%
2022-12-31	CA$83.47 Million ≈ $60.38 Million	CA$-74.38 Million ≈ $-53.81 Million	-0.891x	-125.29%
2021-12-31	CA$122.65 Million ≈ $88.73 Million	CA$-48.51 Million ≈ $-35.09 Million	-0.396x	-118.13%
2020-12-31	CA$72.90 Million ≈ $52.74 Million	CA$-13.22 Million ≈ $-9.56 Million	-0.181x	+38.67%
2019-12-31	CA$8.96 Million ≈ $6.48 Million	CA$-2.65 Million ≈ $-1.92 Million	-0.296x	--

About New Found Gold Corp

V:NFG Canada Gold

Market Cap

$699.25 Million

CA$966.64 Million CAD

Market Cap Rank

#10659 Global

#313 in Canada

Share Price

CA$2.81

Change (1 day)

+7.25%

52-Week Range

CA$1.90 - CA$4.78

All Time High

CA$13.11