Nova Leap Health Corp (NLH) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Nova Leap Health Corp (NLH) has a cash flow conversion efficiency ratio of 0.021x 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$396.21K ≈ $286.61K USD) by net assets (CA$19.08 Million ≈ $13.81 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 Nova Leap Health Corp (NLH) balance sheet quality index to measure how much of total assets are equity-financed.
Nova Leap Health Corp - Cash Flow Conversion Efficiency Trend (2016–2025)
This chart illustrates how Nova Leap Health Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check NLH operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Nova Leap Health Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nova Leap Health Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
VisDynamics Holdings Bhd
KLSE:0120
|
0.003x |
|
JV SPAC Acquisition Corp. Class A Ordinary Share
NASDAQ:JVSA
|
-0.007x |
|
Allied Gaming & Entertainment Inc.
NASDAQ:AGAE
|
0.000x |
|
Iltani Resources Ltd
AU:ILT
|
-0.008x |
|
Green Plus Co. Ltd
KQ:186230
|
0.075x |
|
Kothari Sugars And Chemicals Limited
NSE:KOTARISUG
|
-0.029x |
|
Intchains Group Limited American Depositary Shares
NASDAQ:ICG
|
-0.096x |
|
Latrobe Magnesium Limited
F:L2Q
|
0.064x |
Annual Cash Flow Conversion Efficiency for Nova Leap Health Corp (2016–2025)
The table below shows the annual cash flow conversion efficiency of Nova Leap Health Corp from 2016 to 2025. For the full company profile with market capitalisation and key ratios, see Nova Leap Health Corp market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$19.04 Million ≈ $13.77 Million |
CA$1.56 Million ≈ $1.13 Million |
0.082x | +7.46% |
| 2024-12-31 | CA$18.25 Million ≈ $13.20 Million |
CA$1.39 Million ≈ $1.00 Million |
0.076x | -35.76% |
| 2023-12-31 | CA$18.20 Million ≈ $13.16 Million |
CA$2.15 Million ≈ $1.56 Million |
0.118x | +116.71% |
| 2022-12-31 | CA$18.68 Million ≈ $13.51 Million |
CA$1.02 Million ≈ $738.38K |
0.055x | -53.68% |
| 2021-12-31 | CA$18.48 Million ≈ $13.37 Million |
CA$2.18 Million ≈ $1.58 Million |
0.118x | -61.46% |
| 2020-12-31 | CA$9.84 Million ≈ $7.12 Million |
CA$3.01 Million ≈ $2.18 Million |
0.306x | +252.75% |
| 2019-12-31 | CA$7.07 Million ≈ $5.12 Million |
CA$613.80K ≈ $444.01K |
0.087x | +137.86% |
| 2018-12-31 | CA$6.76 Million ≈ $4.89 Million |
CA$-1.55 Million ≈ $-1.12 Million |
-0.229x | +33.60% |
| 2017-12-31 | CA$1.82 Million ≈ $1.32 Million |
CA$-628.79K ≈ $-454.86K |
-0.345x | +84.94% |
| 2016-12-31 | CA$145.38K ≈ $105.17K |
CA$-333.31K ≈ $-241.11K |
-2.293x | -126.92% |
| 2016-10-31 | CA$263.28K ≈ $190.45K |
CA$-266.00K ≈ $-192.42K |
-1.010x | -- |
About Nova Leap Health Corp
Nova Leap Health Corp., together with its subsidiaries, provides home-based and community-based healthcare services in the United States and Canada. It offers home and home health care services, including dementia care, companionship, personal and skilled nursing care, respite care, palliative care, care management, cooking and meal preparation, light housekeeping, daily living activities, transp… Read more