Fortune Minerals Limited Cash Flow Quality Index

Latest as of March 2022: -2.61x

Fortune Minerals Limited cash flow quality index. 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. See Fortune Minerals Limited leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.

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

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

Cash flow quality index of Fortune Minerals Limited from 1996 to 2018. Historical Cash Flow Quality Index for Fortune Minerals Limited across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore FT operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

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

Fortune Minerals Limited cash flow quality index by year from 1996 to 2018. Year-by-year earnings quality comparison for Fortune Minerals Limited. For the full cash flow conversion analysis, see Fortune Minerals Limited (FT) cash conversion ratio.

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.