Discovery Alaska Ltd (DAF) — Cash Flow Quality Index

Latest as of December 2019: 0.97x

Discovery Alaska Ltd (DAF) has a Cash Flow Quality Index of 0.97x as of December 2019. Operating cash flow of AU$1.66 Million is below net income of AU$1.71 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how much of Discovery Alaska Ltd's assets are long-term investments to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

0.97x
Operating CF / Net Income

Operating Cash Flow

AU$1.66 Million
AUD

Net Income

AU$1.71 Million
AUD

Data as of

Dec 2019
Most recent filing

Discovery Alaska Ltd Cash Flow Quality Index (2017–2020)

Historical Cash Flow Quality Index for Discovery Alaska Ltd across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is Discovery Alaska Ltd's equity to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Discovery Alaska Ltd (2017–2020)

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

Year Quality Index Operating CF (AUD) Net Income YoY Change
2020 1.01x AU$1.62 Million AU$1.61 Million ▲ +197.2%
2017 -1.03x AU$-391.50K AU$378.68K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.