Nevada Zinc Corp (NZN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Nevada Zinc Corp (NZN) has a cash flow conversion efficiency ratio of 0.109x as of September 2023. 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$-64.75K ≈ $-46.84K USD) by net assets (CA$-596.13K ≈ $-431.23K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See NZN defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Nevada Zinc Corp - Cash Flow Conversion Efficiency Trend (2013–2022)
This chart illustrates how Nevada Zinc Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Nevada Zinc Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nevada Zinc Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ProPhase Labs Inc
NASDAQ:PRPH
|
-3.137x |
|
Pebble Beach Systems Group PLC
LSE:PEB
|
0.760x |
|
ALBERT LABS INTL. CORP.
F:VB50
|
N/A |
|
Chelverton UK Dividend Trust PLC
LSE:SDV
|
0.024x |
|
Sparx Technology Inc
V:SPRX
|
0.114x |
|
MEDIMI AB AK
F:79T
|
-0.182x |
|
Kavango Resources PLC
LSE:KAV
|
-0.160x |
|
Alkemy Capital Investments Plc
LSE:ALK
|
0.321x |
Annual Cash Flow Conversion Efficiency for Nevada Zinc Corp (2013–2022)
The table below shows the annual cash flow conversion efficiency of Nevada Zinc Corp from 2013 to 2022. For the full company profile with market capitalisation and key ratios, see Nevada Zinc Corp (NZN) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | CA$-336.01K ≈ $-243.06K |
CA$-689.12K ≈ $-498.50K |
2.051x | +121.52% |
| 2021-12-31 | CA$-784.52K ≈ $-567.51K |
CA$-726.34K ≈ $-525.42K |
0.926x | +1089.89% |
| 2020-12-31 | CA$-694.36K ≈ $-502.29K |
CA$-54.03K ≈ $-39.08K |
0.078x | -93.52% |
| 2019-12-31 | CA$-305.99K ≈ $-221.35K |
CA$-367.48K ≈ $-265.83K |
1.201x | -94.58% |
| 2018-12-31 | CA$-86.51K ≈ $-62.58K |
CA$-1.92 Million ≈ $-1.39 Million |
22.168x | +1067.62% |
| 2017-12-31 | CA$1.40 Million ≈ $1.01 Million |
CA$-3.21 Million ≈ $-2.32 Million |
-2.291x | +40.88% |
| 2016-12-31 | CA$412.31K ≈ $298.26K |
CA$-1.60 Million ≈ $-1.16 Million |
-3.875x | +43.21% |
| 2015-12-31 | CA$192.47K ≈ $139.23K |
CA$-1.31 Million ≈ $-950.06K |
-6.824x | -180.09% |
| 2014-12-31 | CA$367.40K ≈ $265.77K |
CA$-895.08K ≈ $-647.49K |
-2.436x | +64.69% |
| 2013-12-31 | CA$50.53K ≈ $36.56K |
CA$-348.62K ≈ $-252.19K |
-6.899x | -- |
About Nevada Zinc Corp
Nevada Zinc Corporation, a mineral exploration company, explores for and develops mineral properties in the United States and Canada. The company primarily explores for zinc and lead. Its principal property is the 100% owned Lone Mountain zinc project comprising 202 unpatented lode mining claims covering an area of approximately 4,000 acres located in Eureka County, Nevada. The company was former… Read more