Ascendant Resources Inc Cash Flow Quality Index

Latest as of December 2024: -0.57x

Ascendant Resources Inc cash flow quality index. Ascendant Resources Inc (ASND) has a Cash Flow Quality Index of -0.57x as of December 2024. Operating cash flow of CA$-280.00K is below net income of CA$490.00K, suggesting accrual-heavy earnings not yet converted to cash. See ASND free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

-0.57x
Operating CF / Net Income

Operating Cash Flow

CA$-280.00K
CAD

Net Income

CA$490.00K
CAD

Data as of

Dec 2024
Most recent filing

Cash Flow Quality Index of Ascendant Resources Inc (2018–2018)

Cash flow quality index of Ascendant Resources Inc from 2018 to 2018. Historical Cash Flow Quality Index for Ascendant Resources Inc across 1 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore Ascendant Resources Inc (ASND) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Ascendant Resources Inc Cash Flow Quality Index by Year (2018–2018)

Ascendant Resources Inc cash flow quality index by year from 2018 to 2018. Year-by-year earnings quality comparison for Ascendant Resources Inc. For the full cash flow conversion analysis, see ASND cash generation efficiency.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2018 5.42x CA$16.28 Million CA$3.00 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.