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 0.025x as of September 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$470.89K) by net assets (CA$18.75 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nova Leap Health Corp - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Nova Leap Health Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
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 |
|---|---|
|
FIGENE CAPITAL SA ZY 1
F:20X
|
N/A |
|
CONX Corp
NASDAQ:CONX
|
0.026x |
|
Workhorse Group Inc
NASDAQ:WKHS
|
-0.343x |
|
VALBIOTIS S.A. EO -10
F:8JD
|
N/A |
|
Quest Resource Holding Corp
NASDAQ:QRHC
|
0.135x |
|
Choo Bee Metal Industries Bhd
KLSE:5797
|
0.051x |
|
Blue Star Gold Corp
V:BAU
|
-0.270x |
|
ZENSUN ENTERPRISES LTD.
F:OVZ1
|
N/A |
Annual Cash Flow Conversion Efficiency for Nova Leap Health Corp (2016–2024)
The table below shows the annual cash flow conversion efficiency of Nova Leap Health Corp from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$18.25 Million | CA$1.39 Million | 0.076x | -35.76% |
| 2023-12-31 | CA$18.20 Million | CA$2.15 Million | 0.118x | +116.71% |
| 2022-12-31 | CA$18.68 Million | CA$1.02 Million | 0.055x | -53.68% |
| 2021-12-31 | CA$18.48 Million | CA$2.18 Million | 0.118x | -61.46% |
| 2020-12-31 | CA$9.84 Million | CA$3.01 Million | 0.306x | +252.75% |
| 2019-12-31 | CA$7.07 Million | CA$613.80K | 0.087x | +137.86% |
| 2018-12-31 | CA$6.76 Million | CA$-1.55 Million | -0.229x | +33.60% |
| 2017-12-31 | CA$1.82 Million | CA$-628.79K | -0.345x | +84.94% |
| 2016-12-31 | CA$145.38K | CA$-333.31K | -2.293x | -126.92% |
| 2016-10-31 | CA$263.28K | CA$-266.00K | -1.010x | -- |
About Nova Leap Health Corp
Nova Leap Health Corp., together with its subsidiaries, provides home and home health care services in the United States and Canada. Its services include dementia care, companionship, personal and skilled nursing care, respite care, cooking and meal preparation, bathing, dressing, grooming, housekeeping, errands, transportation, medication reminders, medication administration by nursing staff, da… Read more