Magmatic Resources Ltd (MAG) — Cash Flow Quality Index

Latest as of December 2020: -0.48x

Magmatic Resources Ltd (MAG) has a Cash Flow Quality Index of -0.48x as of December 2020. Operating cash flow of AU$-1.87 Million is below net income of AU$3.88 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Magmatic Resources Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.48x
Operating CF / Net Income

Operating Cash Flow

AU$-1.87 Million
AUD

Net Income

AU$3.88 Million
AUD

Data as of

Dec 2020
Most recent filing

Magmatic Resources Ltd Cash Flow Quality Index (2002–2021)

Historical Cash Flow Quality Index for Magmatic Resources Ltd across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Magmatic Resources Ltd cash conversion from operations.

Annual Cash Flow Quality Index for Magmatic Resources Ltd (2002–2021)

Year-by-year earnings quality comparison for Magmatic Resources Ltd.

Year Quality Index Operating CF (AUD) Net Income YoY Change
2021 -2.70x AU$-3.21 Million AU$1.19 Million ▼ -125.9%
2005 10.42x AU$15.98 Million AU$1.53 Million ▲ +106.6%
2004 5.04x AU$16.05 Million AU$3.18 Million ▲ +7.5%
2003 4.69x AU$15.57 Million AU$3.32 Million ▼ -52.2%
2002 9.82x AU$17.48 Million AU$1.78 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.