Noble Mineral Exploration Inc (NOB) - Cash Flow Conversion Efficiency

Latest as of May 2024: -0.092x

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. See how leveraged is Noble Mineral Exploration Inc's balance sheet to measure how much of total assets are equity-financed.

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

This chart illustrates how Noble Mineral Exploration Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Noble Mineral Exploration Inc cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

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.

Company	Cash Flow Conversion Efficiency
The GrowHub Limited Class A Ordinary Shares NASDAQ:TGHL	0.869x
AroCell AB ST:AROC	-0.010x
Upland Software Inc NASDAQ:UPLD	0.072x
Linkhome Holdings Inc. Common stock NASDAQ:LHAI	-0.431x
Oceanic Beverages Co Inc TW:1213	0.003x
Mynd.ai, Inc. NYSE MKT:MYND	-0.360x
Future Retail Limited NSE:FRETAIL	1.043x
SAIHEAT Limited NASDAQ:SAIH	-0.043x

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. For the full company profile with market capitalisation and key ratios, see market value of Noble Mineral Exploration Inc.

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

$13.38 Million

CA$18.50 Million CAD

Market Cap Rank

#26285 Global

#1051 in Canada

Share Price

CA$0.07

Change (1 day)

+7.69%

52-Week Range

CA$0.04 - CA$0.25

All Time High

CA$0.25