Nevada King Gold Corp (NKG) - 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. See NKG days of operational coverage to measure how many days the company can operate on defensive assets alone.
Nevada King Gold Corp - Cash Flow Conversion Efficiency Trend (2018–2026)
This chart illustrates how Nevada King Gold Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
GAMEVIL Inc
KQ:063080
|
-0.033x |
|
LEFORM
KLSE:0266
|
0.111x |
|
Syntek Semiconductor Co Ltd
TWO:5302
|
0.015x |
|
Granite Point Mortgage Trust Inc
NYSE:GPMT
|
-0.004x |
|
Supercom Ltd
NASDAQ:SPCB
|
-0.004x |
|
Campina Ice Cream Industry Tbk PT
JK:CAMP
|
0.086x |
|
Wisekey International Holding AG
SW:WIHN
|
-0.070x |
|
Lustrum Minerals Limited
AU:LRM
|
-0.285x |
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. For the full company profile with market capitalisation and key ratios, see Nevada King Gold Corp (NKG) total market value.
| 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, the United States. It holds interests in the Atlanta Gold Mine Project, an open-pit gold mine 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 Gold Corp. is based in Vancouver, Canada.