Nevada King Gold Corp (NKG) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.095x

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

V:NKG Canada Other Industrial Metals & Mining
Market Cap
$63.17 Million
CA$87.32 Million CAD
Market Cap Rank
#21067 Global
#737 in Canada
Share Price
CA$0.87
Change (1 day)
+3.57%
52-Week Range
CA$0.13 - CA$1.23
All Time High
CA$1.23
About

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.