Northern Shield Resources Inc. (NRN) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.115x

Based on the latest financial reports, Northern Shield Resources Inc. (NRN) has a cash flow conversion efficiency ratio of -0.115x as of March 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$-523.99K ≈ $-379.04K USD) by net assets (CA$4.57 Million ≈ $3.31 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See NRN equity to assets ratio to measure how much of total assets are equity-financed.

Northern Shield Resources Inc. - Cash Flow Conversion Efficiency Trend (2002–2025)

This chart illustrates how Northern Shield Resources Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Northern Shield Resources Inc. (NRN) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.

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.

Company	Cash Flow Conversion Efficiency
ARK Resources Bhd KLSE:7007	0.256x
Ronin Resources Ltd AU:RON	-0.059x
Plato Gold Corp. V:PGC	-0.015x
Advent Wireless Inc V:AWI	0.051x
Austchina Holdings Ltd AU:AUH	-0.034x
Solteq PLC HE:SOLTEQ	-0.024x
Xenetic Biosciences Inc NASDAQ:XBIO	-0.166x
ESE Entertainment Inc V:ESE	-0.052x

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. For the full company profile with market capitalisation and key ratios, see NRN market cap.

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

$4.99 Million

CA$6.90 Million CAD

Market Cap Rank

#28545 Global

#1272 in Canada

Share Price

CA$0.05

Change (1 day)

+0.00%

52-Week Range

CA$0.04 - CA$0.09

All Time High

CA$1.30