Northgold AB (NG) — Cash Flow Quality Index

Latest as of December 2019: 1.23x

Northgold AB (NG) has a Cash Flow Quality Index of 1.23x as of December 2019. Operating cash flow of Skr23.26 Million exceeds net income of Skr18.97 Million, indicating high earnings quality where cash backs reported profits. Explore Northgold AB operating cash flow efficiency to assess how effectively this company generates cash.

Cash Flow Quality Index

1.23x
Operating CF / Net Income

Operating Cash Flow

Skr23.26 Million
SEK

Net Income

Skr18.97 Million
SEK

Data as of

Dec 2019
Most recent filing

Northgold AB Cash Flow Quality Index (2016–2019)

Historical Cash Flow Quality Index for Northgold AB across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Northgold AB cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Northgold AB (2016–2019)

Year-by-year earnings quality comparison for Northgold AB. For live market cap and the full company financial profile, see Northgold AB market capitalisation.

Year Quality Index Operating CF (SEK) Net Income YoY Change
2019 1.23x Skr23.26 Million Skr18.97 Million ▲ +57.3%
2018 0.78x Skr28.21 Million Skr36.19 Million ▲ +92.1%
2017 0.41x Skr22.42 Million Skr55.23 Million ▼ -19.2%
2016 0.50x Skr22.69 Million Skr45.15 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.