Adavale Resources Ltd (ADD) — Cash Flow Quality Index
Adavale Resources Ltd (ADD) has a Cash Flow Quality Index of 3.40x as of September 2018. Operating cash flow of AU$9.10 Million exceeds net income of AU$2.67 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Adavale Resources Ltd service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Adavale Resources Ltd Cash Flow Quality Index (1993–2018)
Historical Cash Flow Quality Index for Adavale Resources Ltd across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Adavale Resources Ltd.
Annual Cash Flow Quality Index for Adavale Resources Ltd (1993–2018)
Year-by-year earnings quality comparison for Adavale Resources Ltd.
| Year | Quality Index | Operating CF (AUD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2018 | -3.20x | AU$-391.28 | AU$122.45 | ▼ -1161.7% |
| 2004 | 0.30x | AU$83.60K | AU$277.77K | ▲ +101.3% |
| 2002 | -22.66x | AU$-2.50 Million | AU$110.24K | ▼ -30396.1% |
| 1996 | -0.07x | AU$-664.51K | AU$8.94 Million | ▼ -166.6% |
| 1995 | 0.11x | AU$3.21 Million | AU$28.83 Million | ▲ +332.6% |
| 1994 | 0.03x | AU$1.24 Million | AU$48.26 Million | ▲ +150.0% |
| 1993 | 0.01x | AU$476.00K | AU$46.17 Million | — |