Carnaby Resources Ltd (CNB) — Cash Flow Quality Index

Latest as of December 2020: 0.92x

Carnaby Resources Ltd (CNB) has a Cash Flow Quality Index of 0.92x as of December 2020. Operating cash flow of AU$1.98 Million is below net income of AU$2.15 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Carnaby Resources Ltd cash conversion from operations to assess how effectively this company generates cash.

Cash Flow Quality Index

0.92x

Operating CF / Net Income

Operating Cash Flow

AU$1.98 Million

AUD

Net Income

AU$2.15 Million

AUD

Data as of

Dec 2020

Most recent filing

Carnaby Resources Ltd Cash Flow Quality Index (2021–2021)

Historical Cash Flow Quality Index for Carnaby Resources Ltd across 1 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Carnaby Resources Ltd (CNB) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Carnaby Resources Ltd (2021–2021)

Year-by-year earnings quality comparison for Carnaby Resources Ltd. For live market cap and the full company financial profile, see market cap of Carnaby Resources Ltd.

Year	Quality Index	Operating CF (AUD)	Net Income	YoY Change
2021	1.75x	AU$651.48	AU$371.38	—

Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.