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 cash flow to debt ratio of Carnaby Resources Ltd to assess how comfortably operating cash covers total debt obligations.

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. For the full cash flow conversion analysis, see cash flow conversion of Carnaby Resources Ltd.

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

Year-by-year earnings quality comparison for 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.