Norden Crown Metals Corp Cash Flow Conversion Efficiency
Norden Crown Metals Corp 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.
Cash Flow Conversion Efficiency of Norden Crown Metals Corp (2016–2024)
Cash flow conversion efficiency of Norden Crown Metals Corp from 2016 to 2024. This chart illustrates how Norden Crown Metals Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Norden Crown Metals Corp stock quote for real-time trading data and today's change.
Norden Crown Metals Corp Cash Flow Conversion Ratio Explained
Norden Crown Metals Corp 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.
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. Also see market value of Norden Crown Metals Corp for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
WOODPECKER.CO ZY -10
F:8FG
|
0.066x |
|
CubicFarm Systems Corp
V:CUB
|
0.012x |
|
Bioleaders Corporation
KQ:142760
|
-0.039x |
|
Forza X1 Inc
NASDAQ:FRZA
|
-0.075x |
|
Osia Hyper Retail Limited
NSE:OSIAHYPER
|
-0.012x |
|
Steadfast Marine PT
JK:KPAL
|
-0.009x |
|
Canadian Spirit Resources Inc
V:SPI
|
-0.021x |
|
Bubalus Resources Ltd
AU:BUS
|
-0.072x |
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. Review free cash flow generation of Norden Crown Metals Corp 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 |
|---|---|---|---|---|
| 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