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. Also see Noble Mineral Exploration Inc (NOB) market capitalisation for the company's overall valuation and market capitalisation.

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. Explore NOB cash to earnings ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Hookipa Pharma Inc NASDAQ:HOOK	-0.249x
NTG Clarity Networks Inc. V:NCI	-0.125x
Spring Art Holdings Bhd KLSE:0216	0.013x
Ecomiam SA PA:ALECO	-0.357x
Trimitra Propertindo Tbk PT JK:LAND	-0.032x
Energisme PA:ALNRG	-1.376x
Polyrizon Ltd. Ordinary Shares NASDAQ:PLRZ	-0.099x
InCoax Networks AB ST:INCOAX	-0.129x

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. View NOB stock price for real-time trading data and today's change.

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

$11.47 Million

CA$15.85 Million CAD

Market Cap Rank

#26804 Global

#1098 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