Surge Battery Metals Inc (NILI) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Surge Battery Metals Inc (NILI) has a cash flow conversion efficiency ratio of -0.033x 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$-429.55K) by net assets (CA$13.02 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Surge Battery Metals Inc - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Surge Battery Metals Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Surge Battery Metals Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Surge Battery Metals Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SkyWorld Development Berhad
KLSE:5315
|
N/A |
|
Avgol Industries 1953 Ltd
TA:AVGL
|
0.038x |
|
Parkit Enterprise Inc
V:PKT
|
0.019x |
|
Nahar Spinning Mills Limited
NSE:NAHARSPING
|
0.216x |
|
Canadian Net Real Estate Investment Trust
V:NET-UN
|
0.020x |
|
Dekuple
PA:DKUPL
|
0.153x |
|
Empire Petroleum Corp
NYSE MKT:EP
|
0.006x |
|
Medexus Pharmaceuticals Inc
TO:MDP
|
0.150x |
Annual Cash Flow Conversion Efficiency for Surge Battery Metals Inc (2017–2024)
The table below shows the annual cash flow conversion efficiency of Surge Battery Metals Inc from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$11.86 Million | CA$-2.75 Million | -0.232x | -3.73% |
| 2023-12-31 | CA$16.30 Million | CA$-3.64 Million | -0.223x | +52.07% |
| 2022-12-31 | CA$4.43 Million | CA$-2.06 Million | -0.466x | -32.22% |
| 2021-12-31 | CA$5.80 Million | CA$-2.04 Million | -0.352x | -116.72% |
| 2020-12-31 | CA$-75.68K | CA$-159.42K | 2.106x | +182.35% |
| 2019-12-31 | CA$344.10K | CA$-880.22K | -2.558x | -51.08% |
| 2018-12-31 | CA$891.88K | CA$-1.51 Million | -1.693x | -2117.21% |
| 2017-12-31 | CA$1.33 Million | CA$-101.35K | -0.076x | -- |
About Surge Battery Metals Inc
Surge Battery Metals Inc., an exploration stage company, acquires, explores, and develops mineral properties in North America. It primarily explores for lithium and nickel. The company's flagship property is the 100% owned Nevada North lithium project consisting of 432 mineral claims located in Elko County, Nevada. The company was formerly known as Copper Creek Gold Corp. and changed its name to … Read more