Griffin Mining (GFM) — Cash Flow Quality Index

Latest as of June 2024: 2.13x

Griffin Mining (GFM) has a Cash Flow Quality Index of 2.13x as of June 2024. Operating cash flow of GBX24.01 Million exceeds net income of GBX11.30 Million, indicating high earnings quality where cash backs reported profits. Also explore Griffin Mining balance sheet assets for the complete picture of this company's asset base.

Cash Flow Quality Index

2.13x
Operating CF / Net Income

Operating Cash Flow

GBX24.01 Million
GBX

Net Income

GBX11.30 Million
GBX

Data as of

Jun 2024
Most recent filing

Griffin Mining Cash Flow Quality Index (2005–2024)

Historical Cash Flow Quality Index for Griffin Mining across 19 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is Griffin Mining's equity to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Griffin Mining (2005–2024)

Year-by-year earnings quality comparison for Griffin Mining. For live market cap and the full company financial profile, see Griffin Mining market cap and net worth.

Year Quality Index Operating CF (GBX) Net Income YoY Change
2024 1.09x GBX19.58 Million GBX17.90 Million ▼ -44.6%
2023 1.98x GBX48.38 Million GBX24.49 Million ▲ +91.8%
2022 1.03x GBX15.73 Million GBX15.27 Million ▼ -12.2%
2021 1.17x GBX42.88 Million GBX36.53 Million ▼ -30.2%
2020 1.68x GBX24.40 Million GBX14.52 Million ▼ -9.0%
2019 1.85x GBX21.64 Million GBX11.71 Million ▲ +214.6%
2018 0.59x GBX20.44 Million GBX34.80 Million ▼ -53.8%
2017 1.27x GBX77.44 Million GBX60.88 Million ▼ -39.7%
2016 2.11x GBX21.90 Million GBX10.38 Million ▼ -83.1%
2014 12.49x GBX12.75 Million GBX1.02 Million ▲ +561.5%
2013 1.89x GBX28.00 Million GBX14.83 Million ▲ +59.5%
2012 1.18x GBX32.24 Million GBX27.24 Million ▲ +4.5%
2011 1.13x GBX41.71 Million GBX36.83 Million ▼ -12.8%
2010 1.30x GBX17.06 Million GBX13.14 Million ▲ +31.9%
2009 0.98x GBX5.43 Million GBX5.52 Million ▼ -75.8%
2008 4.06x GBX12.62 Million GBX3.11 Million ▲ +342.7%
2007 0.92x GBX18.49 Million GBX20.14 Million ▼ -19.0%
2006 1.13x GBX31.88 Million GBX28.14 Million ▼ -71.0%
2005 3.90x GBX1.67 Million GBX426.63K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.