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$5.37 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Erdene Resource Development Corp (ERD) investment intensity to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Erdene Resource Development Corp Cash Flow Quality Index (2023–2023)
Historical Cash Flow Quality Index for Erdene Resource Development Corp across 1 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Erdene Resource Development Corp tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Erdene Resource Development Corp (2023–2023)
Year-by-year earnings quality comparison for Erdene Resource Development Corp. For live market cap and the full company financial profile, see Erdene Resource Development Corp (ERD) total market value.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | -3.92x | CA$-2.05 Million | CA$522.04K | — |