Nickel 28 Capital Corp (NKL) - Cash Flow Conversion Efficiency

Latest as of October 2025: 0.002x

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. See NKL defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

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.

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
Hektar Real Estate Investment Trust KLSE:5121	0.029x
D&C Media Co.Ltd KQ:263720	0.114x
SG&G Corporation KQ:040610	0.002x
AEC SECURITIES BK:BYD-R	N/A
Rorze Systems Corporation KQ:071280	-0.028x
WooriNet Inc KQ:115440	0.037x
Abeo SAS PA:ABEO	-0.050x
Mallcom (India) Limited NSE:MALLCOM	0.021x

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

V:NKL Canada Other Industrial Metals & Mining

Market Cap

$72.98 Million

CA$100.89 Million CAD

Market Cap Rank

#20526 Global

#706 in Canada

Share Price

CA$1.16

Change (1 day)

+0.87%

52-Week Range

CA$0.67 - CA$1.28

All Time High

CA$1.73