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 operational self-sufficiency of Noble Mineral Exploration Inc to measure how many days the company can operate on defensive assets alone.

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.

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
Pertama Digital Berhad KLSE:8532	-0.031x
ICG Enterprise Trust PLC LSE:ICGT	0.073x
Titan Logix Corp. V:TLA	-0.019x
Straker Ltd AU:STG	-0.113x
Spring Art Holdings Bhd KLSE:0216	0.013x
Txcom SA PA:ALTXC	-0.023x
Centrex Ltd AU:CXM	-0.301x
mVISE AG XETRA:C1V	0.092x

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 Noble Mineral Exploration Inc stock valuation.

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

$10.44 Million

CA$14.43 Million CAD

Market Cap Rank

#26941 Global

#1128 in Canada

Share Price

CA$0.06

Change (1 day)

+0.00%

52-Week Range

CA$0.04 - CA$0.25

All Time High

CA$0.25