NEX Metals Exploration Ltd (NME) — Cash Flow Quality Index

Latest as of June 2020: 0.44x

NEX Metals Exploration Ltd (NME) has a Cash Flow Quality Index of 0.44x as of June 2020. Operating cash flow of AU$87.52K is below net income of AU$198.49K, suggesting accrual-heavy earnings not yet converted to cash. Also explore how large is NEX Metals Exploration Ltd's balance sheet for the complete picture of this company's asset base.

Cash Flow Quality Index

0.44x
Operating CF / Net Income

Operating Cash Flow

AU$87.52K
AUD

Net Income

AU$198.49K
AUD

Data as of

Jun 2020
Most recent filing

NEX Metals Exploration Ltd Cash Flow Quality Index (2014–2017)

Historical Cash Flow Quality Index for NEX Metals Exploration Ltd across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check NME intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for NEX Metals Exploration Ltd (2014–2017)

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

Year Quality Index Operating CF (AUD) Net Income YoY Change
2017 0.26x AU$455.21 AU$1.73K ▲ +108.0%
2014 -3.29x AU$-2.33K AU$707.57
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.