Northern Shield Resources Inc. Cash Flow Conversion Efficiency

Latest as of June 2026: 0.004x

Northern Shield Resources Inc. cash flow conversion efficiency. Based on the latest financial reports, Northern Shield Resources Inc. (NRN) has a cash flow conversion efficiency ratio of 0.004x as of June 2026. 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$16.65K ≈ $12.05K USD) by net assets (CA$4.42 Million ≈ $3.20 Million 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 Northern Shield Resources Inc. (2002–2025)

Cash flow conversion efficiency of Northern Shield Resources Inc. from 2002 to 2025. This chart illustrates how Northern Shield Resources Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View NRN live share price for real-time trading data and today's change.

Northern Shield Resources Inc. Cash Flow Conversion Ratio Explained

Northern Shield Resources Inc. 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.

Northern Shield Resources Inc. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Northern Shield Resources Inc. ranked by their cash flow conversion efficiency. Also see Northern Shield Resources Inc. market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Creative Medical Technology Holdings Inc NASDAQ:CELZ	-0.170x
Elme Communities NYSE:ELME	0.002x
Koba Resources Ltd AU:KOB	N/A
APB Resources Bhd KLSE:5568	0.041x
Triton Minerals Ltd AU:TON	-0.084x
AUX Resources Corporation V:AUX	-0.300x
PDZ Holdings Bhd KLSE:6254	0.132x
Aptose Biosciences Inc TO:APS	0.381x

Annual Cash Flow Conversion Efficiency for Northern Shield Resources Inc. (2002–2025)

The table below shows the annual cash flow conversion efficiency of Northern Shield Resources Inc. from 2002 to 2025. Review Northern Shield Resources Inc. (NRN) free cash flow 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
2025-12-31	CA$3.69 Million ≈ $2.67 Million	CA$-751.12K ≈ $-543.35K	-0.203x	-549.97%
2024-12-31	CA$2.30 Million ≈ $1.67 Million	CA$104.13K ≈ $75.32K	0.045x	+143.90%
2023-12-31	CA$5.20 Million ≈ $3.76 Million	CA$-535.66K ≈ $-387.49K	-0.103x	-45.85%
2022-12-31	CA$5.21 Million ≈ $3.77 Million	CA$-367.54K ≈ $-265.88K	-0.071x	+31.83%
2021-12-31	CA$5.38 Million ≈ $3.89 Million	CA$-556.80K ≈ $-402.78K	-0.104x	+25.43%
2020-12-31	CA$5.01 Million ≈ $3.63 Million	CA$-696.37K ≈ $-503.74K	-0.139x	+61.92%
2019-12-31	CA$2.39 Million ≈ $1.73 Million	CA$-871.33K ≈ $-630.30K	-0.365x	+28.77%
2018-12-31	CA$1.64 Million ≈ $1.19 Million	CA$-839.39K ≈ $-607.21K	-0.512x	-95.71%
2017-12-31	CA$2.73 Million ≈ $1.98 Million	CA$-715.26K ≈ $-517.41K	-0.262x	+47.74%
2016-12-31	CA$3.47 Million ≈ $2.51 Million	CA$-1.74 Million ≈ $-1.26 Million	-0.501x	+77.88%
2015-12-31	CA$296.50K ≈ $214.49K	CA$-671.11K ≈ $-485.47K	-2.263x	-1556.16%
2014-12-31	CA$3.76 Million ≈ $2.72 Million	CA$-514.18K ≈ $-371.95K	-0.137x	-39.73%
2013-12-31	CA$8.24 Million ≈ $5.96 Million	CA$-806.35K ≈ $-583.30K	-0.098x	+20.26%
2012-12-31	CA$9.85 Million ≈ $7.12 Million	CA$-1.21 Million ≈ $-873.67K	-0.123x	-45.59%
2011-12-31	CA$6.58 Million ≈ $4.76 Million	CA$-554.49K ≈ $-401.11K	-0.084x	+37.44%
2010-12-31	CA$5.29 Million ≈ $3.83 Million	CA$-713.03K ≈ $-515.80K	-0.135x	-0.49%
2009-12-31	CA$4.40 Million ≈ $3.18 Million	CA$-589.63K ≈ $-426.53K	-0.134x	+10.92%
2008-12-31	CA$4.52 Million ≈ $3.27 Million	CA$-679.29K ≈ $-491.39K	-0.150x	+55.23%
2007-12-31	CA$2.74 Million ≈ $1.98 Million	CA$-920.80K ≈ $-666.10K	-0.336x	-43.88%
2006-12-31	CA$2.99 Million ≈ $2.16 Million	CA$-697.48K ≈ $-504.55K	-0.234x	-26.71%
2005-12-31	CA$2.62 Million ≈ $1.90 Million	CA$-482.87K ≈ $-349.30K	-0.184x	+17.90%
2004-12-31	CA$2.25 Million ≈ $1.63 Million	CA$-505.93K ≈ $-365.98K	-0.225x	-1.13%
2003-12-31	CA$1.13 Million ≈ $814.19K	CA$-249.88K ≈ $-180.76K	-0.222x	-72.30%
2002-12-31	CA$178.79K ≈ $129.33K	CA$-23.04K ≈ $-16.66K	-0.129x	--

About Northern Shield Resources Inc.

V:NRN Canada Other Industrial Metals & Mining

Market Cap

$4.44 Million

CA$6.14 Million CAD

Market Cap Rank

#28740 Global

#1272 in Canada

Share Price

CA$0.04

Change (1 day)

+0.00%

52-Week Range

CA$0.04 - CA$0.08

All Time High

CA$1.30