Erdene Resource Development Corp Cash Flow Quality Index
Erdene Resource Development Corp 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$5.37 Million, suggesting accrual-heavy earnings not yet converted to cash. See financial flexibility index of Erdene Resource Development Corp to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Erdene Resource Development Corp (2023–2023)
Cash flow quality index of Erdene Resource Development Corp from 2023 to 2023. Historical Cash Flow Quality Index for Erdene Resource Development Corp across 1 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore ERD operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Erdene Resource Development Corp Cash Flow Quality Index by Year (2023–2023)
Erdene Resource Development Corp cash flow quality index by year from 2023 to 2023. Year-by-year earnings quality comparison for Erdene Resource Development Corp. For the full cash flow conversion analysis, see Erdene Resource Development Corp cash flow conversion.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | -3.92x | CA$-2.05 Million | CA$522.04K | — |