Niocan Inc (NIO) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Niocan Inc (NIO) has a cash flow conversion efficiency ratio of -0.141x 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$-144.21K ≈ $-104.32K USD) by net assets (CA$1.02 Million ≈ $737.33K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Niocan Inc - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Niocan Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read NIO liabilities breakdown for a breakdown of total debt and financial obligations.
Niocan Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Niocan Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Wicaksana Overseas International
JK:WICO
|
0.087x |
|
KAP AG
F:IUR
|
0.002x |
|
Rectitude Holdings Ltd Ordinary Shares
NASDAQ:RECT
|
-0.063x |
|
Intelligent Protection Management Corp
NASDAQ:IPM
|
0.007x |
|
Minetech Resources Bhd
KLSE:7219
|
0.022x |
|
Freeport Resources Inc
V:FRI
|
-0.480x |
|
SUNEX S.A.
WAR:SNX
|
0.051x |
|
Carnavale Resources Limited
F:YBB
|
-0.009x |
Annual Cash Flow Conversion Efficiency for Niocan Inc (2013–2024)
The table below shows the annual cash flow conversion efficiency of Niocan Inc from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Niocan Inc.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$1.11 Million ≈ $799.92K |
CA$-404.39K ≈ $-292.53K |
-0.366x | +35.49% |
| 2023-12-31 | CA$1.30 Million ≈ $940.90K |
CA$-737.38K ≈ $-533.41K |
-0.567x | -203.81% |
| 2022-12-31 | CA$1.46 Million ≈ $1.06 Million |
CA$-273.33K ≈ $-197.72K |
-0.187x | -134.33% |
| 2021-12-31 | CA$-1.50 Million ≈ $-1.09 Million |
CA$-815.54K ≈ $-589.95K |
0.544x | +1101.14% |
| 2020-12-31 | CA$-2.93 Million ≈ $-2.12 Million |
CA$-132.66K ≈ $-95.96K |
0.045x | -43.83% |
| 2019-12-31 | CA$-2.51 Million ≈ $-1.82 Million |
CA$-202.14K ≈ $-146.23K |
0.081x | -21.55% |
| 2018-12-31 | CA$-2.06 Million ≈ $-1.49 Million |
CA$-211.05K ≈ $-152.67K |
0.103x | +224.40% |
| 2017-12-31 | CA$4.08 Million ≈ $2.95 Million |
CA$-336.83K ≈ $-243.66K |
-0.083x | +15.69% |
| 2016-12-31 | CA$4.53 Million ≈ $3.28 Million |
CA$-443.58K ≈ $-320.88K |
-0.098x | -1.29% |
| 2015-12-31 | CA$5.16 Million ≈ $3.73 Million |
CA$-498.87K ≈ $-360.87K |
-0.097x | +14.58% |
| 2014-12-31 | CA$5.40 Million ≈ $3.91 Million |
CA$-611.40K ≈ $-442.28K |
-0.113x | -20.54% |
| 2013-12-31 | CA$6.70 Million ≈ $4.84 Million |
CA$-628.54K ≈ $-454.68K |
-0.094x | -- |
About Niocan Inc
Nio Strategic Metals Inc., a development stage company, engages in the exploration and development of mineral properties. It explores for uranium, niobium, and iron ores deposits. The company holds interest in the Oka mining property comprising 56 claims covering an area of approximately 5,409 acres located in Quebec. It also holds interest in the Great Whale Iron property consists of 63 claims c… Read more