Ascendant Resources Inc (ASND) — Cash Flow Quality Index

Latest as of December 2024: -0.57x

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. Explore Ascendant Resources Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.

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

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

Historical Cash Flow Quality Index for Ascendant Resources Inc across 1 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Ascendant Resources Inc generate cash.

Annual Cash Flow Quality Index for Ascendant Resources Inc (2018–2018)

Year-by-year earnings quality comparison for Ascendant Resources Inc.

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.