Nova Minerals Ltd Cash Flow Quality Index

Latest as of December 2021: -0.01x

Nova Minerals Ltd cash flow quality index. Nova Minerals Ltd (NVA) has a Cash Flow Quality Index of -0.01x as of December 2021. Operating cash flow of AU$-1.15 Million is below net income of AU$88.96 Million, suggesting accrual-heavy earnings not yet converted to cash. See financial flexibility index of Nova Minerals Ltd to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

-0.01x
Operating CF / Net Income

Operating Cash Flow

AU$-1.15 Million
AUD

Net Income

AU$88.96 Million
AUD

Data as of

Dec 2021
Most recent filing

Cash Flow Quality Index of Nova Minerals Ltd (1997–2022)

Cash flow quality index of Nova Minerals Ltd from 1997 to 2022. Historical Cash Flow Quality Index for Nova Minerals Ltd across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore Nova Minerals Ltd (NVA) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Nova Minerals Ltd Cash Flow Quality Index by Year (1997–2022)

Nova Minerals Ltd cash flow quality index by year from 1997 to 2022. Year-by-year earnings quality comparison for Nova Minerals Ltd. For the full cash flow conversion analysis, see Nova Minerals Ltd (NVA) cash conversion ratio.

Year Quality Index Operating CF (AUD) Net Income YoY Change
2022 -0.08x AU$-2.86 Million AU$34.68 Million ▲ +99.8%
2004 -38.54x AU$-395.13K AU$10.25K ▼ -31357.3%
1997 -0.12x AU$-584.00K AU$4.77 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.