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$5.37 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Erdene Resource Development Corp (ERD) cash conversion ratio to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
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Data as of
Erdene Resource Development Corp Cash Flow Quality Index (2023–2023)
Historical Cash Flow Quality Index for Erdene Resource Development Corp across 1 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check ERD cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Erdene Resource Development Corp (2023–2023)
Year-by-year earnings quality comparison for Erdene Resource Development Corp. For live market cap and the full company financial profile, see how much is Erdene Resource Development Corp worth.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | -3.92x | CA$-2.05 Million | CA$522.04K | — |