Nortec Minerals Corp Cash Flow Conversion Efficiency
Nortec Minerals Corp cash flow conversion efficiency. Based on the latest financial reports, Nortec Minerals Corp (NVT) has a cash flow conversion efficiency ratio of 0.397x as of June 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$-20.38K ≈ $-14.74K USD) by net assets (CA$-51.29K ≈ $-37.10K 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 Nortec Minerals Corp (2013–2024)
Cash flow conversion efficiency of Nortec Minerals Corp from 2013 to 2024. This chart illustrates how Nortec Minerals Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for Nortec Minerals Corp for real-time trading data and today's change.
Nortec Minerals Corp Cash Flow Conversion Ratio Explained
Nortec Minerals 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.
Nortec Minerals Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nortec Minerals Corp ranked by their cash flow conversion efficiency. Also see NVT stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CMC Metals Ltd
V:CMB
|
0.022x |
|
Morarjee Textiles Limited
NSE:MORARJEE
|
-0.006x |
|
Hynion AS
OL:HYN
|
0.061x |
|
Radaan Mediaworks India Limited
NSE:RADAAN
|
0.196x |
|
Integrated Media Technology Ltd
NASDAQ:IMTE
|
-0.025x |
|
Innovation Beverage Group Limited
NASDAQ:IBG
|
-0.413x |
|
Mammoth Resources Corp
V:MTH
|
0.142x |
|
Tanah Laut Tbk
JK:INDX
|
-0.023x |
Annual Cash Flow Conversion Efficiency for Nortec Minerals Corp (2013–2024)
The table below shows the annual cash flow conversion efficiency of Nortec Minerals Corp from 2013 to 2024. Review how much free cash does Nortec Minerals Corp generate 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 |
|---|---|---|---|---|
| 2024-12-31 | CA$114.05K ≈ $82.50K |
CA$91.09K ≈ $65.89K |
0.799x | -94.13% |
| 2023-12-31 | CA$-38.65K ≈ $-27.96K |
CA$-525.59K ≈ $-380.20K |
13.599x | +228.99% |
| 2022-12-31 | CA$-32.50K ≈ $-23.51K |
CA$-134.33K ≈ $-97.17K |
4.134x | +4811.60% |
| 2021-12-31 | CA$-430.91K ≈ $-311.71K |
CA$-36.27K ≈ $-26.23K |
0.084x | +185.21% |
| 2020-12-31 | CA$2.42 Million ≈ $1.75 Million |
CA$-239.01K ≈ $-172.90K |
-0.099x | -328.37% |
| 2019-12-31 | CA$2.10 Million ≈ $1.52 Million |
CA$-48.40K ≈ $-35.01K |
-0.023x | +78.44% |
| 2018-12-31 | CA$2.12 Million ≈ $1.53 Million |
CA$-226.48K ≈ $-163.83K |
-0.107x | +44.21% |
| 2017-12-31 | CA$1.54 Million ≈ $1.12 Million |
CA$-295.94K ≈ $-214.08K |
-0.192x | +50.91% |
| 2016-12-31 | CA$846.26K ≈ $612.17K |
CA$-330.37K ≈ $-238.99K |
-0.390x | -190.07% |
| 2015-12-31 | CA$192.85K ≈ $139.50K |
CA$-25.95K ≈ $-18.78K |
-0.135x | -344.78% |
| 2014-12-31 | CA$6.94 Million ≈ $5.02 Million |
CA$-209.88K ≈ $-151.83K |
-0.030x | +69.42% |
| 2013-12-31 | CA$8.87 Million ≈ $6.42 Million |
CA$-877.56K ≈ $-634.82K |
-0.099x | -- |
About Nortec Minerals Corp
Nortec Minerals Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Canada, Ecuador, and Finland. The company explores for gold, zinc, copper, lead, silver, base metal, and lithium deposits. Nortec Minerals Corp. is headquartered in Vancouver, Canada.