Nevada King Gold Corp Cash Flow Conversion Efficiency
Nevada King Gold Corp cash flow conversion efficiency. Based on the latest financial reports, Nevada King Gold Corp (NKG) has a cash flow conversion efficiency ratio of -0.095x as of March 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$-1.84 Million ≈ $-1.33 Million USD) by net assets (CA$19.44 Million ≈ $14.06 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Nevada King Gold Corp (2018–2026)
Cash flow conversion efficiency of Nevada King Gold Corp from 2018 to 2026. This chart illustrates how Nevada King Gold Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Nevada King Gold Corp (NKG) stock price for real-time trading data and today's change.
Nevada King Gold Corp Cash Flow Conversion Ratio Explained
Nevada King Gold Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Nevada King Gold Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nevada King Gold Corp ranked by their cash flow conversion efficiency. Also see NKG company net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
K Auction Inc.
KQ:102370
|
0.025x |
|
Emerita Resources Corp
V:EMO
|
-0.047x |
|
Asahi Songwon Colors Limited
NSE:ASAHISONG
|
0.204x |
|
JOYCITY Corporation
KQ:067000
|
0.035x |
|
Yufo Electronics Co Ltd
TWO:6194
|
0.045x |
|
GameSparcs Co Ltd
TWO:6542
|
-0.017x |
|
Hardwyn India Limited
NSE:HARDWYN
|
0.012x |
|
dhSteel
KQ:021040
|
0.189x |
Annual Cash Flow Conversion Efficiency for Nevada King Gold Corp (2018–2026)
The table below shows the annual cash flow conversion efficiency of Nevada King Gold Corp from 2018 to 2026. Review Nevada King Gold Corp financial flexibility index to assess the company's free cash flow relative to its total liabilities.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2026-03-31 | CA$19.44 Million ≈ $14.06 Million |
CA$-9.86 Million ≈ $-7.13 Million |
-0.507x | +26.85% |
| 2025-03-31 | CA$17.27 Million ≈ $12.49 Million |
CA$-11.98 Million ≈ $-8.66 Million |
-0.693x | +8.86% |
| 2024-03-31 | CA$35.45 Million ≈ $25.65 Million |
CA$-26.97 Million ≈ $-19.51 Million |
-0.761x | -60.95% |
| 2023-03-31 | CA$36.39 Million ≈ $26.32 Million |
CA$-17.20 Million ≈ $-12.44 Million |
-0.473x | -1133.12% |
| 2022-03-31 | CA$74.49 Million ≈ $53.89 Million |
CA$-2.86 Million ≈ $-2.07 Million |
-0.038x | +42.86% |
| 2021-03-31 | CA$28.40 Million ≈ $20.55 Million |
CA$-1.91 Million ≈ $-1.38 Million |
-0.067x | +70.40% |
| 2020-03-31 | CA$9.28 Million ≈ $6.71 Million |
CA$-2.10 Million ≈ $-1.52 Million |
-0.227x | -48.21% |
| 2019-03-31 | CA$7.38 Million ≈ $5.34 Million |
CA$-1.13 Million ≈ $-816.10K |
-0.153x | +87.43% |
| 2018-03-31 | CA$926.92K ≈ $670.52K |
CA$-1.13 Million ≈ $-816.10K |
-1.217x | -- |
About Nevada King Gold Corp
Nevada King Gold Corp. engages in the acquisition, exploration, and evaluation of resource properties in Nevada and the United States. It holds 100% interest in the Atlanta Gold Mine Project, an open-pit gold mine covering 130 square kilometer area located in Nevada. The company was formerly known as Victory Metals Inc. and changed its name to Nevada King Gold Corp. in April 2021. Nevada King Gol… Read more