Noble Metal Group Incorporated
Noble Metal Group Incorporated, a junior resource company, engages in the exploration and development of mineral properties in Canada. The company explores for gold deposits. It holds a 100% interest in the Cariboo Mineral and Placer property covering an area of 4,846.153 hectares located in the Cariboo Mining Division, British Columbia; and the Lease of Placer Minerals property that covers an ar… Read more
Noble Metal Group Incorporated (NMG-H) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2025: 0.001x
Based on the latest financial reports, Noble Metal Group Incorporated (NMG-H) has a cash flow conversion efficiency ratio of 0.001x as of March 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$-5.53K) by net assets (CA$-6.17 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Noble Metal Group Incorporated - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Noble Metal Group Incorporated's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Noble Metal Group Incorporated Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Noble Metal Group Incorporated ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Formuepleje Limittellus
CO:FPILIM
|
N/A |
|
FLG-P-U
NYSE:FLG-P-U
|
N/A |
|
Soho Development SA
WAR:SHD
|
-0.034x |
|
Birman Wood and Hardware Ltd
TA:BIRM
|
0.042x |
|
ALLIANCES DEVELOPPEMENT IMMOBILIER
BC:ALLIANCES
|
N/A |
|
PCI BIOTECH ASA NK 3
F:4QG
|
N/A |
|
Regenerative Medical Technology Group Inc.
PINK:RMTG
|
0.007x |
|
RANGE RESOURCES - Dusseldorf Stock Exchang
DU:RAX
|
0.064x |
Annual Cash Flow Conversion Efficiency for Noble Metal Group Incorporated (2017–2024)
The table below shows the annual cash flow conversion efficiency of Noble Metal Group Incorporated from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$-4.32 Million | CA$-61.39K | 0.014x | -25.79% |
| 2023-12-31 | CA$-1.96 Million | CA$-37.45K | 0.019x | +8.57% |
| 2022-12-31 | CA$-2.40 Million | CA$-42.27K | 0.018x | -22.88% |
| 2021-12-31 | CA$-1.93 Million | CA$-44.19K | 0.023x | -49.16% |
| 2020-12-31 | CA$-2.18 Million | CA$-98.26K | 0.045x | +9.21% |
| 2019-12-31 | CA$-1.62 Million | CA$-66.62K | 0.041x | +497.33% |
| 2018-12-31 | CA$-2.78 Million | CA$28.85K | -0.010x | -167.41% |
| 2017-12-31 | CA$-2.93 Million | CA$-45.09K | 0.015x | -- |