Ardiden Ltd (ADV) — Cash Flow Quality Index
Ardiden Ltd (ADV) has a Cash Flow Quality Index of -1.76x as of June 2023. Operating cash flow of AU$-969.10K is below net income of AU$552.19K, suggesting accrual-heavy earnings not yet converted to cash. Explore Ardiden Ltd (ADV) long-term investment share to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Ardiden Ltd Cash Flow Quality Index (2022–2023)
Historical Cash Flow Quality Index for Ardiden Ltd across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Ardiden Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Ardiden Ltd (2022–2023)
Year-by-year earnings quality comparison for Ardiden Ltd. For live market cap and the full company financial profile, see market value of Ardiden Ltd.
| Year | Quality Index | Operating CF (AUD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | -0.13x | AU$-2.04 Million | AU$15.75 Million | ▲ +74.0% |
| 2022 | -0.50x | AU$-1.43 Million | AU$2.87 Million | — |