Errawarra Resources Ltd (ERW) — Cash Flow Quality Index

Latest as of June 2019: 10.68x

Errawarra Resources Ltd (ERW) has a Cash Flow Quality Index of 10.68x as of June 2019. Operating cash flow of AU$36.33K exceeds net income of AU$3.40K, indicating high earnings quality where cash backs reported profits. Also explore how large is Errawarra Resources Ltd's balance sheet for the complete picture of this company's asset base.

Cash Flow Quality Index

10.68x
Operating CF / Net Income

Operating Cash Flow

AU$36.33K
AUD

Net Income

AU$3.40K
AUD

Data as of

Jun 2019
Most recent filing

Errawarra Resources Ltd Cash Flow Quality Index (2016–2018)

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

Annual Cash Flow Quality Index for Errawarra Resources Ltd (2016–2018)

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

Year Quality Index Operating CF (AUD) Net Income YoY Change
2018 10.68x AU$72.65K AU$6.80K ▲ +2443.5%
2016 -0.46x AU$-48.72K AU$106.89K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.