Nickel 28 Capital Corp (NKL) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Nickel 28 Capital Corp (NKL) has a cash flow conversion efficiency ratio of 0.002x as of October 2025. 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$133.42K ≈ $96.51K USD) by net assets (CA$81.56 Million ≈ $59.00 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nickel 28 Capital Corp - Cash Flow Conversion Efficiency Trend (2020–2025)
This chart illustrates how Nickel 28 Capital Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read NKL total debt and obligations for a breakdown of total debt and financial obligations.
Nickel 28 Capital Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nickel 28 Capital Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Data Communications Management Ltd
TO:DCM
|
0.275x |
|
Cauldron Energy Ltd
AU:CXU
|
-0.606x |
|
Accelerate Property Fund Ltd
JSE:APF
|
0.025x |
|
Forian Inc
NASDAQ:FORA
|
-0.014x |
|
Thitikorn Public Company Limited
BK:TK
|
0.001x |
|
Exasol AG
XETRA:EXL
|
1.256x |
|
Skane mollan AB
ST:SKMO
|
0.157x |
|
Laster Tech Corp Ltd
TW:3346
|
0.159x |
Annual Cash Flow Conversion Efficiency for Nickel 28 Capital Corp (2020–2025)
The table below shows the annual cash flow conversion efficiency of Nickel 28 Capital Corp from 2020 to 2025. For the full company profile with market capitalisation and key ratios, see NKL company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-01-31 | CA$82.50 Million ≈ $59.68 Million |
CA$-5.71 Million ≈ $-4.13 Million |
-0.069x | +28.37% |
| 2024-01-31 | CA$86.60 Million ≈ $62.64 Million |
CA$-8.37 Million ≈ $-6.05 Million |
-0.097x | -22.87% |
| 2023-01-31 | CA$90.75 Million ≈ $65.65 Million |
CA$-7.14 Million ≈ $-5.16 Million |
-0.079x | -15.30% |
| 2022-01-31 | CA$83.62 Million ≈ $60.49 Million |
CA$-5.70 Million ≈ $-4.13 Million |
-0.068x | -48.34% |
| 2021-01-31 | CA$69.05 Million ≈ $49.95 Million |
CA$-3.17 Million ≈ $-2.30 Million |
-0.046x | +36.34% |
| 2020-01-31 | CA$65.84 Million ≈ $47.63 Million |
CA$-4.76 Million ≈ $-3.44 Million |
-0.072x | -- |
About Nickel 28 Capital Corp
Nickel 28 Capital Corp. operates as a base metals company in Papua New Guinea, Quebec, British Columbia, Australia, and Yukon. It explores for nickel, cobalt, silver, lead, zinc, and scandium deposits. The company was formerly known as Conic Metals Corp. and changed its name to Nickel 28 Capital Corp. in March 2021. The company was incorporated in 2019 and is headquartered in Vancouver, Canada.