NEX Metals Exploration Ltd Cash Flow Quality Index

Latest as of June 2020: 0.44x

NEX Metals Exploration Ltd cash flow quality index. 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. See financial agility of NEX Metals Exploration Ltd to measure the company's free cash flow as a share of total liabilities.

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

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

Cash flow quality index of NEX Metals Exploration Ltd from 2014 to 2017. Historical Cash Flow Quality Index for NEX Metals Exploration Ltd across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore NEX Metals Exploration Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.

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

NEX Metals Exploration Ltd cash flow quality index by year from 2014 to 2017. Year-by-year earnings quality comparison for NEX Metals Exploration Ltd. For the full cash flow conversion analysis, see NEX Metals Exploration Ltd cash flow conversion.

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.