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 NG debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see cash efficiency ratio of Northgold AB.
Annual Cash Flow Quality Index for Northgold AB (2016–2019)
Year-by-year earnings quality comparison for Northgold AB.
| 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.