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. Explore FT cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

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. For the full cash flow conversion analysis, see cash flow conversion of Fortune Minerals Limited.

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

Year-by-year earnings quality comparison for Fortune Minerals Limited.

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.