Canada Nickel Co (Canada Nickel Co) FCF Yield % : -3.23 (As of May. 16, 2024)

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What is Canada Nickel Co FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Canada Nickel Co's Trailing 12-Month Free Cash Flow is $-5.94 Mil, and Market Cap is $183.61 Mil. Therefore, Canada Nickel Co's FCF Yield % for today is -3.23%.

The historical rank and industry rank for Canada Nickel Co's FCF Yield % or its related term are showing as below:

CNIKF' s FCF Yield % Range Over the Past 10 Years
Min: -3.47 Med: 0 Max: 0
Current: -3.23

CNIKF's FCF Yield % is ranked better than
74.23% of 2709 companies
in the Metals & Mining industry
Industry Median: -12.75 vs CNIKF: -3.23

Canada Nickel Co's FCF Margin % for the quarter that ended in Jan. 2024 was 0.00%.

Canada Nickel Co FCF Yield % Historical Data

The historical data trend for Canada Nickel Co's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canada Nickel Co FCF Yield % Chart

Canada Nickel Co Annual Data

Trend

Oct20

Oct21

Oct22

Oct23

FCF Yield %

-9.46

-2.60

-1.30

-4.76

Canada Nickel Co Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
FCF Yield %	Get a 7-Day Free Trial												-1.65	-3.42	-2.77	-9.48	-2.24

Competitive Comparison of Canada Nickel Co's FCF Yield %

For the Other Industrial Metals & Mining subindustry, Canada Nickel Co's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Canada Nickel Co's FCF Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Canada Nickel Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Canada Nickel Co's FCF Yield % falls into.

Canada Nickel Co FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Canada Nickel Co's FCF Yield % for the fiscal year that ended in Oct. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-5.48	/	115.2161928
	=	-4.76%

Canada Nickel Co's annualized FCF Yield % for the quarter that ended in Jan. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-0.963	*	4	/	172.04985
	=	-2.24%

Canada Nickel Co FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Canada Nickel Co FCF Yield % Related Terms

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Canada Nickel Co (Canada Nickel Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canada Nickel Co Inc (OTCPK:CNIKF) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

4E0:Germany CNC:Canada

Address

130 King Street West, Suite 1900, Toronto, ON, CAN, M5X1E3

Website

https://www.canadanickel.com

Canada Nickel Co Inc is advancing the next generation of nickel-cobalt sulphide projects to deliver nickel and cobalt required to feed the high growth electric vehicle and stainless steel markets. The company has applied in multiple jurisdictions to trademark the terms NetZero Nickel, NetZero Cobalt, NetZero Iron and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel and cobalt in low political risk jurisdictions. The firm is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific - mining camp.