Norse Gold Corp. (VKG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Norse Gold Corp. (VKG) has a cash flow conversion efficiency ratio of -0.004x as of December 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$-2.17K) by net assets (CA$594.78K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Norse Gold Corp. - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Norse Gold Corp.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Norse Gold Corp. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Norse Gold Corp. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Transition Metals Corp
V:XTM
|
-0.209x |
|
Alvo Minerals Ltd
AU:ALV
|
-2.176x |
|
Aeeris Ltd
AU:AER
|
0.108x |
|
Conico Ltd
AU:CNJ
|
-0.265x |
|
QMC Quantum Minerals Corp
V:QMC
|
0.001x |
|
Sultan Resources Ltd
AU:SLZ
|
-0.038x |
|
Vision Marine Technologies Inc
NASDAQ:VMAR
|
0.608x |
|
Agereh Technologies Inc
V:AUTO
|
-0.001x |
Annual Cash Flow Conversion Efficiency for Norse Gold Corp. (2021–2024)
The table below shows the annual cash flow conversion efficiency of Norse Gold Corp. from 2021 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | CA$717.46K | CA$-27.02K | -0.038x | -12.78% |
| 2023-06-30 | CA$763.28K | CA$-25.49K | -0.033x | +40.90% |
| 2022-06-30 | CA$812.29K | CA$-45.90K | -0.057x | +23.81% |
| 2021-06-30 | CA$848.18K | CA$-62.90K | -0.074x | -- |
About Norse Gold Corp.
Norse Gold Corp. engages in the acquisition, exploration, development, and evaluation of natural resources properties in Canada. The company primarily explores for gold deposits. It holds interest in the Yellowknife Gold project located in the Northwest Territories, Canada. The company was formerly known as Troy Energy Corp. and changed its name to Norse Gold Corp. in June 2020. Norse Gold Corp. … Read more