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 Nova Minerals Limited long-term investment intensity to see how much of total assets are deployed in long-term investments.

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 tangible equity quality of Nova Minerals Limited to evaluate the tangible quality of the company's equity base.

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 how much is Nova Minerals Limited worth.

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.