Fortune Minerals Limited (FT) — Cash Flow Quality Index

Latest as of March 2022: -2.61x

Fortune Minerals Limited (FT) has a Cash Flow Quality Index of -2.61x as of March 2022. Operating cash flow of CA$-402.54K is below net income of CA$154.00K, suggesting accrual-heavy earnings not yet converted to cash. Also explore Fortune Minerals Limited (FT) total assets for the complete picture of this company's asset base.

Cash Flow Quality Index

-2.61x
Operating CF / Net Income

Operating Cash Flow

CA$-402.54K
CAD

Net Income

CA$154.00K
CAD

Data as of

Mar 2022
Most recent filing

Fortune Minerals Limited Cash Flow Quality Index (1996–2018)

Historical Cash Flow Quality Index for Fortune Minerals Limited across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Fortune Minerals Limited (FT) tangible net worth to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Fortune Minerals Limited (1996–2018)

Year-by-year earnings quality comparison for Fortune Minerals Limited. For live market cap and the full company financial profile, see FT company net worth.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2018 -0.21x CA$-1.80 Million CA$8.55 Million ▲ +59.1%
2011 -0.52x CA$-1.91 Million CA$3.70 Million ▼ -249.6%
2007 0.34x CA$756.45K CA$2.20 Million ▲ +191.9%
1999 -0.38x CA$-300.00K CA$800.00K ▼ -137.5%
1996 1.00x CA$200.00K CA$200.00K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.