Norrland Gold Corp Cash Flow Conversion Efficiency
Norrland Gold Corp 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.
Cash Flow Conversion Efficiency of Norrland Gold Corp (2021–2024)
Cash flow conversion efficiency of Norrland Gold Corp from 2021 to 2024. This chart illustrates how Norrland Gold Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Norrland Gold Corp stock price today for real-time trading data and today's change.
Norrland Gold Corp Cash Flow Conversion Ratio Explained
Norrland Gold 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.
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. Also see market value of Norrland Gold Corp for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Lunai Bioworks Inc.
NASDAQ:LNAI
|
0.107x |
|
Frenkel Topping Group
LSE:FEN
|
0.040x |
|
Hanstone Gold Corp
V:HANS
|
0.486x |
|
Reitar Logtech Holdings Limited
NASDAQ:RITRF
|
N/A |
|
National World PLC
LSE:NWOR
|
0.024x |
|
Mastrad
PA:ALMAS
|
0.033x |
|
REVITALIST L.A.W. LTD
F:4DO
|
N/A |
|
Brain+ ApS
CO:BRAINP
|
-0.964x |
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. Review NORR free cash flow generation 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 |
|---|---|---|---|---|
| 2024-03-31 | 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