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. Also see how much is Northern Shield Resources Inc. worth for the company's overall valuation and market capitalisation.

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.

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. Explore Northern Shield Resources Inc. earnings quality ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Apex Resources Inc V:APX	0.017x
Manugraph India Limited NSE:MANUGRAPH	0.054x
TaoWeave Inc. NASDAQ:TWAV	-0.098x
Nichols LSE:NICL	0.183x
Karma Energy Limited NSE:KARMAENG	0.027x
Identitii Ltd AU:ID8	-0.536x
Suvidhaa Infoserve Limited NSE:SUVIDHAA	0.191x
Austchina Holdings Ltd AU:AUH	-0.034x

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. View Northern Shield Resources Inc. share price for real-time trading data and today's change.

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

#28676 Global

#1279 in Canada

Share Price

CA$0.05

Change (1 day)

+0.00%

52-Week Range

CA$0.04 - CA$0.08

All Time High

CA$1.30