MP Materials Corp (MP) — Cash Flow Quality Index

Latest as of March 2024: -2.49x

MP Materials Corp (MP) has a Cash Flow Quality Index of -2.49x as of March 2024. Operating cash flow of $-41.13 Million is below net income of $16.49 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow conversion of MP Materials Corp to assess how effectively this company generates cash.

Cash Flow Quality Index

-2.49x
Operating CF / Net Income

Operating Cash Flow

$-41.13 Million
USD

Net Income

$16.49 Million
USD

Data as of

Mar 2024
Most recent filing

MP Materials Corp Cash Flow Quality Index (2021–2023)

Historical Cash Flow Quality Index for MP Materials Corp across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check MP Materials Corp (MP) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for MP Materials Corp (2021–2023)

Year-by-year earnings quality comparison for MP Materials Corp. For live market cap and the full company financial profile, see MP Materials Corp (MP) market capitalisation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2023 2.58x $62.70 Million $24.31 Million ▲ +117.0%
2022 1.19x $343.51 Million $289.00 Million ▲ +57.4%
2021 0.76x $101.97 Million $135.04 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.