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 equity financing ratio to measure how much of total assets are equity-financed.
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. Check Nevada King Gold Corp (NKG) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Sow Good Inc. Common Stock
NASDAQ:SOWG
|
1.165x |
|
Pratama Widya Tbk Pt
JK:PTPW
|
0.027x |
|
Gamma Nu Inc
KQ:192410
|
-0.167x |
|
Synthaverse S.A.
WAR:SVE
|
0.072x |
|
Hanil Feed Co. Ltd
KQ:005860
|
-0.014x |
|
NFC Indonesia PT Tbk
JK:NFCX
|
0.035x |
|
Great Computer
TWO:8047
|
0.057x |
|
Petra Energy Bhd
KLSE:5133
|
0.176x |
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 how much is Nevada King Gold Corp worth.
| 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.