Nickel Industries Ltd (NIC) — Cash Flow Quality Index
Nickel Industries Ltd (NIC) has a Cash Flow Quality Index of 0.53x as of June 2026. Operating cash flow of AU$27.22 Million is below net income of AU$51.73 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore NIC cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Nickel Industries Ltd Cash Flow Quality Index (2018–2023)
Historical Cash Flow Quality Index for Nickel Industries Ltd across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Nickel Industries Ltd.
Annual Cash Flow Quality Index for Nickel Industries Ltd (2018–2023)
Year-by-year earnings quality comparison for Nickel Industries Ltd.
| Year | Quality Index | Operating CF (AUD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 1.29x | AU$229.76 Million | AU$178.41 Million | ▼ -9.2% |
| 2022 | 1.42x | AU$225.58 Million | AU$158.98 Million | ▲ +3.5% |
| 2021 | 1.37x | AU$189.02 Million | AU$137.94 Million | ▲ +31.2% |
| 2020 | 1.04x | AU$149.95 Million | AU$143.61 Million | ▲ +56.8% |
| 2019 | 0.67x | AU$38.67 Million | AU$58.06 Million | ▲ +955.8% |
| 2018 | 0.06x | AU$2.89 Million | AU$45.81 Million | — |