Nova Minerals Limited (NVA) — Cash Flow Quality Index

Latest as of September 2024: 2.51x

Nova Minerals Limited (NVA) has a Cash Flow Quality Index of 2.51x as of September 2024. Operating cash flow of $150.25 Million exceeds net income of $59.82 Million, indicating high earnings quality where cash backs reported profits. Explore NVA cash generation efficiency to assess how effectively this company generates cash.

Cash Flow Quality Index

2.51x
Operating CF / Net Income

Operating Cash Flow

$150.25 Million
USD

Net Income

$59.82 Million
USD

Data as of

Sep 2024
Most recent filing

Nova Minerals Limited Cash Flow Quality Index (2004–2024)

Historical Cash Flow Quality Index for Nova Minerals Limited across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check NVA cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Nova Minerals Limited (2004–2024)

Year-by-year earnings quality comparison for Nova Minerals Limited. For live market cap and the full company financial profile, see market value of Nova Minerals Limited.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 1.96x $721.34 Million $367.68 Million ▲ +46.5%
2023 1.34x $844.82 Million $631.04 Million ▲ +4.7%
2022 1.28x $338.58 Million $264.67 Million ▼ -30.6%
2019 1.84x $251.06 Million $136.25 Million ▼ -22.6%
2018 2.38x $224.68 Million $94.37 Million ▼ -96.9%
2010 77.41x $191.66 Million $2.48 Million ▲ +2841.1%
2009 2.63x $232.12 Million $88.19 Million ▼ -32.8%
2008 3.92x $103.18 Million $26.33 Million ▲ +21.9%
2007 3.22x $113.49 Million $35.28 Million ▲ +24.9%
2006 2.57x $101.72 Million $39.51 Million ▲ +9.9%
2005 2.34x $42.94 Million $18.32 Million ▼ -15.5%
2004 2.77x $15.71 Million $5.67 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.