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. Also see Nevada King Gold Corp stock valuation for the company's overall valuation and market capitalisation.
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. Explore how high is Nevada King Gold Corp's earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Country View Bhd
KLSE:5049
|
0.177x |
|
NSTS Bancorp Inc
NASDAQ:NSTS
|
0.036x |
|
Gowa Makassar Tourism Develop
JK:GMTD
|
-0.016x |
|
Sena Development Public Company Limited
BK:SENA
|
0.033x |
|
Wanshih Electronic Co Ltd
TWO:6134
|
-0.054x |
|
MAG Holdings Berhad
KLSE:0095
|
-0.125x |
|
CIG PANNONIA LIFE INSURA.
F:0CKA
|
0.070x |
|
Sino-Ocean Group Holding Limited
F:3SD
|
0.462x |
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. View NKG stock price for real-time trading data and today's change.
| 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