Norrland Gold Corp (NORR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Norrland Gold Corp (NORR) has a cash flow conversion efficiency ratio of -0.074x 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$-38.33K ≈ $-27.73K USD) by net assets (CA$519.99K ≈ $376.15K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Norrland Gold Corp - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Norrland Gold Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Norrland Gold Corp debt and liabilities for a breakdown of total debt and financial obligations.
Norrland Gold Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Norrland Gold Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Octopus Aim VCT 2 PLC
LSE:OSEC
|
-0.006x |
|
UMT United Mobility Technology AG
XETRA:UMD
|
0.162x |
|
Strikewell Energy Corp
V:SKK
|
0.000x |
|
BLUEBIRD MERCH.VENT. LTD.
F:09D
|
N/A |
|
National World PLC
LSE:NWOR
|
0.024x |
|
REVITALIST L.A.W. LTD
F:4DO
|
N/A |
|
Brain+ ApS
CO:BRAINP
|
-0.964x |
|
Vivanco Gruppe AG
F:VG0K
|
0.164x |
Annual Cash Flow Conversion Efficiency for Norrland Gold Corp (2021–2024)
The table below shows the annual cash flow conversion efficiency of Norrland Gold Corp from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Norrland Gold Corp.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-03-31 | CA$625.95K ≈ $452.80K |
CA$-358.75K ≈ $-259.51K |
-0.573x | -20.35% |
| 2023-03-31 | CA$1.03 Million ≈ $746.09K |
CA$-491.15K ≈ $-355.29K |
-0.476x | -185.40% |
| 2022-03-31 | CA$1.47 Million ≈ $1.06 Million |
CA$-244.60K ≈ $-176.94K |
-0.167x | -147.43% |
| 2021-03-31 | CA$-15.19K ≈ $-10.99K |
CA$-5.34K ≈ $-3.87K |
0.352x | -- |
About Norrland Gold Corp
Great Plains Metals Corp., a precious metals exploration company, focuses on the acquisition and exploration of gold ores in Sweden. The company owns 100% interest in the Vittanträsket tenement covering an area of approximately 3,741 hectares located in the county of Vasterbotten. It also holds interest in the Pingisvaara tenement covering an area of approximately 900 hectares located in Kiruna M… Read more