Canagold Resources Ltd (CCM) — Cash Flow Quality Index

Latest as of December 2020: -6.19x

Canagold Resources Ltd (CCM) has a Cash Flow Quality Index of -6.19x as of December 2020. Operating cash flow of CA$-588.00K is below net income of CA$95.00K, suggesting accrual-heavy earnings not yet converted to cash. Explore CCM debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-6.19x
Operating CF / Net Income

Operating Cash Flow

CA$-588.00K
CAD

Net Income

CA$95.00K
CAD

Data as of

Dec 2020
Most recent filing

Canagold Resources Ltd Cash Flow Quality Index (2005–2016)

Historical Cash Flow Quality Index for Canagold Resources Ltd across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Canagold Resources Ltd (CCM) cash conversion ratio.

Annual Cash Flow Quality Index for Canagold Resources Ltd (2005–2016)

Year-by-year earnings quality comparison for Canagold Resources Ltd.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2016 -1.08x CA$-2.13 Million CA$1.97 Million ▼ -25.7%
2007 -0.86x CA$-1.30 Million CA$1.52 Million ▲ +72.2%
2006 -3.09x CA$-1.34 Million CA$432.65K ▼ -34.3%
2005 -2.30x CA$-724.91K CA$314.73K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.