Canagold Resources Ltd (CCM) — Cash Flow Quality Index
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$95.00K, suggesting accrual-heavy earnings not yet converted to cash. Explore how efficiently does Canagold Resources Ltd generate cash to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Canagold Resources Ltd Cash Flow Quality Index (2005–2016)
Historical Cash Flow Quality Index for Canagold Resources Ltd across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Canagold Resources Ltd cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Canagold Resources Ltd (2005–2016)
Year-by-year earnings quality comparison for Canagold Resources Ltd. For live market cap and the full company financial profile, see market value of Canagold Resources Ltd.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2016 | -1.08x | CA$-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 | — |