Erdene Resource Development Corp (ERD) — Cash Flow Quality Index
Erdene Resource Development Corp (ERD) has a Cash Flow Quality Index of -1.75x as of December 2023. Operating cash flow of CA$-9.37 Million is below net income of CA$5.37 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore ERD cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Erdene Resource Development Corp Cash Flow Quality Index (2023–2023)
Historical Cash Flow Quality Index for Erdene Resource Development Corp across 1 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see ERD cash generation efficiency.
Annual Cash Flow Quality Index for Erdene Resource Development Corp (2023–2023)
Year-by-year earnings quality comparison for Erdene Resource Development Corp.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | -3.92x | CA$-2.05 Million | CA$522.04K | — |