NICAN Limited
NiCAN Limited engages in the exploration, development, operation, and financing of mining assets in Canada. The company primarily explores nickel, copper, cobalt, gold, silver, palladium, and platinum group elements. It holds interest in the Wine project consisting of 24 mineral claims covering an area of 5,666 hectares; and the Pipy project comprised of 33 mineral claims covering an area 57.0km2… Read more
NICAN Limited (NICN) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.972x
Based on the latest financial reports, NICAN Limited (NICN) has a cash flow conversion efficiency ratio of -0.972x 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$-123.44K) by net assets (CA$127.06K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
NICAN Limited - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how NICAN Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
NICAN Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NICAN Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
I-On Digital Corp
OTCQB:IONI
|
-0.003x |
|
City Service SE
WAR:CTS
|
0.049x |
|
Eason & Co Public Company Limited
BK:EASON
|
0.042x |
|
Waskita Beton Precast Tbk PT
JK:WSBP
|
0.008x |
|
Dilli Illustrate Inc
KQ:131180
|
-0.020x |
|
Torq Resources Inc
OTCQB:TRBMF
|
0.340x |
|
Planet Image International Limited Class A Ordinary Shares
NASDAQ:YIBO
|
-0.077x |
|
First Hartford Corporation
PINK:FHRT
|
-0.176x |
Annual Cash Flow Conversion Efficiency for NICAN Limited (2021–2024)
The table below shows the annual cash flow conversion efficiency of NICAN Limited from 2021 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$616.53K | CA$-1.78 Million | -2.892x | +33.20% |
| 2023-12-31 | CA$799.17K | CA$-3.46 Million | -4.329x | -482.43% |
| 2022-12-31 | CA$4.37 Million | CA$-3.25 Million | -0.743x | -5.00% |
| 2021-12-31 | CA$1.46 Million | CA$-1.03 Million | -0.708x | -- |