Midas Minerals Ltd (MM1) — Cash Flow Quality Index

Latest as of December 2020: -0.17x

Midas Minerals Ltd (MM1) has a Cash Flow Quality Index of -0.17x as of December 2020. Operating cash flow of AU$-128.47K is below net income of AU$773.70K, suggesting accrual-heavy earnings not yet converted to cash. Also explore how large is Midas Minerals Ltd's balance sheet for the complete picture of this company's asset base.

Cash Flow Quality Index

-0.17x
Operating CF / Net Income

Operating Cash Flow

AU$-128.47K
AUD

Net Income

AU$773.70K
AUD

Data as of

Dec 2020
Most recent filing

Midas Minerals Ltd Cash Flow Quality Index (2020–2020)

Historical Cash Flow Quality Index for Midas Minerals Ltd across 1 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is Midas Minerals Ltd's equity to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Midas Minerals Ltd (2020–2020)

Year-by-year earnings quality comparison for Midas Minerals Ltd. For live market cap and the full company financial profile, see MM1 market cap overview.

Year Quality Index Operating CF (AUD) Net Income YoY Change
2020 -0.24x AU$-164.41K AU$671.28K —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.