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

Latest as of September 2025: -0.064x

Based on the latest financial reports, Northern Shield Resources Inc. (NRN) has a cash flow conversion efficiency ratio of -0.064x as of September 2025. 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$-183.76K ≈ $-132.93K USD) by net assets (CA$2.89 Million ≈ $2.09 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Northern Shield Resources Inc. - Cash Flow Conversion Efficiency Trend (2002–2024)

This chart illustrates how Northern Shield Resources Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Northern Shield Resources Inc. carry for a breakdown of total debt and financial obligations.

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
Thai-German Products Public Company Limited BK:TGPRO	-0.005x
Ambica Agarbathies & Aroma industries Limited NSE:AMBICAAGAR	0.008x
Polar Capital Global Financials Trust plc LSE:PCFT	0.010x
Cullen Resources Ltd AU:CUL	-0.026x
Norwood Systems Ltd AU:NOR	-0.175x
London Security Plc LSE:LSC	0.108x
Renegade Exploration Ltd AU:RNX	-0.101x
JPMorgan Asia Growth & Income plc LSE:JAGI	0.008x

Annual Cash Flow Conversion Efficiency for Northern Shield Resources Inc. (2002–2024)

The table below shows the annual cash flow conversion efficiency of Northern Shield Resources Inc. from 2002 to 2024. 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
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

$4.41 Million

CA$6.09 Million CAD

Market Cap Rank

#28597 Global

#1319 in Canada

Share Price

CA$0.05

Change (1 day)

+0.00%

52-Week Range

CA$0.04 - CA$0.12

All Time High

CA$1.30