Ardiden Ltd (ADV) — Cash Flow Quality Index
Latest as of June 2023:
-1.76x
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$552.19K, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Ardiden Ltd service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
-1.76x
Operating CF / Net Income
Operating Cash Flow
AU$-969.10K
AUD
Net Income
AU$552.19K
AUD
Data as of
Jun 2023
Most recent filing
Ardiden Ltd Cash Flow Quality Index (2022–2023)
Historical Cash Flow Quality Index for Ardiden Ltd across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Ardiden Ltd.
Annual Cash Flow Quality Index for Ardiden Ltd (2022–2023)
Year-by-year earnings quality comparison for Ardiden Ltd.
| Year | Quality Index | Operating CF (AUD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | -0.13x | AU$-2.04 Million | AU$15.75 Million | ▲ +74.0% |
| 2022 | -0.50x | AU$-1.43 Million | AU$2.87 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.