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 ASND long-term investment intensity to see how much of total assets are deployed in long-term investments.

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. Check Ascendant Resources Inc tangible equity quality to evaluate the tangible quality of the company's equity base.

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

Year-by-year earnings quality comparison for Ascendant Resources Inc. For live market cap and the full company financial profile, see ASND market cap.

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.