Noble Mineral Exploration Inc Cash Flow Conversion Efficiency

Latest as of May 2024: -0.092x

Noble Mineral Exploration Inc cash flow conversion efficiency. Based on the latest financial reports, Noble Mineral Exploration Inc (NOB) has a cash flow conversion efficiency ratio of -0.092x as of May 2024. 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$-943.82K ≈ $-682.74K USD) by net assets (CA$10.23 Million ≈ $7.40 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Noble Mineral Exploration Inc (2000–2023)

Cash flow conversion efficiency of Noble Mineral Exploration Inc from 2000 to 2023. This chart illustrates how Noble Mineral Exploration Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Noble Mineral Exploration Inc stock quote for real-time trading data and today's change.

Noble Mineral Exploration Inc Cash Flow Conversion Ratio Explained

Noble Mineral Exploration Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Noble Mineral Exploration Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Noble Mineral Exploration Inc ranked by their cash flow conversion efficiency. Also see NOB market cap overview for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Dubber Corporation Ltd AU:DUB	-0.685x
Agroz Inc. Ordinary Shares NASDAQ:AGRZ	N/A
Prismaflex Intl PA:ALPRI	0.196x
Gullewa Ltd AU:GUL	0.040x
Ming Shing Group Holdings Ltd NASDAQ:MSW	-0.033x
Diversified Energy Company PLC LSE:DEC	0.201x
Adaptimmune Therapeutics Plc NASDAQ:ADAP	0.490x
Kim Hin Joo KLSE:0210	0.223x

Annual Cash Flow Conversion Efficiency for Noble Mineral Exploration Inc (2000–2023)

The table below shows the annual cash flow conversion efficiency of Noble Mineral Exploration Inc from 2000 to 2023. Review NOB cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-08-31	CA$9.33 Million ≈ $6.75 Million	CA$-1.17 Million ≈ $-846.14K	-0.125x	-27.42%
2022-08-31	CA$10.87 Million ≈ $7.86 Million	CA$-1.07 Million ≈ $-773.87K	-0.098x	-132.56%
2021-08-31	CA$13.73 Million ≈ $9.93 Million	CA$-581.33K ≈ $-420.53K	-0.042x	+36.59%
2020-08-31	CA$8.74 Million ≈ $6.32 Million	CA$-583.55K ≈ $-422.13K	-0.067x	+56.98%
2019-08-31	CA$4.28 Million ≈ $3.09 Million	CA$-663.62K ≈ $-480.05K	-0.155x	+30.54%
2018-08-31	CA$3.21 Million ≈ $2.32 Million	CA$-716.62K ≈ $-518.39K	-0.223x	-191.04%
2017-08-31	CA$2.70 Million ≈ $1.95 Million	CA$-207.14K ≈ $-149.84K	-0.077x	-174.84%
2016-08-31	CA$-1.51 Million ≈ $-1.09 Million	CA$-155.21K ≈ $-112.28K	0.103x	+136846.47%
2015-08-31	CA$-1.31 Million ≈ $-944.06K	CA$-97.72 ≈ $-70.69	0.000x	+122.97%
2014-08-31	CA$2.43 Million ≈ $1.76 Million	CA$-792.32 ≈ $-573.15	0.000x	+99.81%
2013-08-31	CA$5.69 Million ≈ $4.12 Million	CA$-998.76K ≈ $-722.48K	-0.176x	+37.11%
2008-08-31	CA$6.49 Million ≈ $4.69 Million	CA$-1.81 Million ≈ $-1.31 Million	-0.279x	-66.86%
2007-08-31	CA$5.74 Million ≈ $4.16 Million	CA$-960.77K ≈ $-695.01K	-0.167x	+12.55%
2006-08-31	CA$1.24 Million ≈ $898.58K	CA$-237.56K ≈ $-171.85K	-0.191x	-71.58%
2005-08-31	CA$495.68K ≈ $358.57K	CA$-55.25K ≈ $-39.97K	-0.111x	+45.17%
2004-08-31	CA$1.26 Million ≈ $908.97K	CA$-255.45K ≈ $-184.79K	-0.203x	-577.22%
2003-08-31	CA$1.93 Million ≈ $1.40 Million	CA$82.21K ≈ $59.47K	0.043x	+40.75%
2002-08-31	CA$-156.05K ≈ $-112.89K	CA$-4.72K ≈ $-3.42K	0.030x	-92.87%
2001-08-31	CA$-132.16K ≈ $-95.60K	CA$-56.08K ≈ $-40.57K	0.424x	+148.73%
2000-08-31	CA$-113.90K ≈ $-82.39K	CA$99.18K ≈ $71.75K	-0.871x	--

About Noble Mineral Exploration Inc

V:NOB Canada Other Industrial Metals & Mining

Market Cap

$9.56 Million

CA$13.21 Million CAD

Market Cap Rank

#27057 Global

#1111 in Canada

Share Price

CA$0.05

Change (1 day)

+0.00%

52-Week Range

CA$0.05 - CA$0.25

All Time High

CA$0.25