Norden Crown Metals Corp (NOCR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Norden Crown Metals Corp (NOCR) has a cash flow conversion efficiency ratio of -3.361x as of December 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$-939.64K ≈ $-679.72K USD) by net assets (CA$279.57K ≈ $202.24K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Norden Crown Metals Corp (NOCR) net asset quality to measure how much of total assets are equity-financed.
Norden Crown Metals Corp - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Norden Crown Metals Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Norden Crown Metals Corp earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Norden Crown Metals Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Norden Crown Metals Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
X2M Connect Ltd
AU:X2M
|
-0.024x |
|
GLOBAL UAV TECHS
F:YAB
|
0.036x |
|
CubicFarm Systems Corp
V:CUB
|
0.012x |
|
AFRICAN PIONEER PLC O.N.
F:9TI
|
N/A |
|
ACTEOS S.A
PA:EOS
|
0.249x |
|
Steadfast Marine PT
JK:KPAL
|
-0.009x |
|
Acdc Metals Ltd
AU:ADC
|
0.011x |
|
SIGNATURE RESOURCES NEW
F:3S30
|
2.752x |
Annual Cash Flow Conversion Efficiency for Norden Crown Metals Corp (2016–2024)
The table below shows the annual cash flow conversion efficiency of Norden Crown Metals Corp from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Norden Crown Metals Corp worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$279.57K ≈ $202.24K |
CA$-370.34K ≈ $-267.90K |
-1.325x | -457.41% |
| 2023-12-31 | CA$2.70 Million ≈ $1.96 Million |
CA$-642.69K ≈ $-464.91K |
-0.238x | -132.02% |
| 2022-12-31 | CA$4.73 Million ≈ $3.42 Million |
CA$-484.10K ≈ $-350.19K |
-0.102x | +53.52% |
| 2021-12-31 | CA$5.67 Million ≈ $4.10 Million |
CA$-1.25 Million ≈ $-903.62K |
-0.220x | +10.75% |
| 2020-12-31 | CA$4.82 Million ≈ $3.48 Million |
CA$-1.19 Million ≈ $-860.36K |
-0.247x | +10.01% |
| 2019-12-31 | CA$3.04 Million ≈ $2.20 Million |
CA$-833.09K ≈ $-602.64K |
-0.274x | +20.14% |
| 2018-12-31 | CA$4.77 Million ≈ $3.45 Million |
CA$-1.64 Million ≈ $-1.19 Million |
-0.344x | +13.25% |
| 2017-12-31 | CA$4.63 Million ≈ $3.35 Million |
CA$-1.84 Million ≈ $-1.33 Million |
-0.396x | +89.56% |
| 2016-12-31 | CA$24.37K ≈ $17.63K |
CA$-92.47K ≈ $-66.89K |
-3.795x | -- |
About Norden Crown Metals Corp
Domestic Metals Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Sweden and Norway. The company primarily explores for zinc, lead, copper, silver, and gold deposits. Its flagship project is the Gumsberg VMS project that consists of six exploration licenses, which covers an area of approximately 17,830 hectares located in the Be… Read more