Gold Springs Resource Corp (GRC) — Cash Flow Quality Index

Latest as of December 2021: -0.23x

Gold Springs Resource Corp (GRC) has a Cash Flow Quality Index of -0.23x as of December 2021. Operating cash flow of CA$-525.88K is below net income of CA$2.26 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how efficiently does Gold Springs Resource Corp generate cash to assess how effectively this company generates cash.

Cash Flow Quality Index

-0.23x
Operating CF / Net Income

Operating Cash Flow

CA$-525.88K
CAD

Net Income

CA$2.26 Million
CAD

Data as of

Dec 2021
Most recent filing

Gold Springs Resource Corp Cash Flow Quality Index (2006–2021)

Historical Cash Flow Quality Index for Gold Springs Resource Corp across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check GRC cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Gold Springs Resource Corp (2006–2021)

Year-by-year earnings quality comparison for Gold Springs Resource Corp. For live market cap and the full company financial profile, see Gold Springs Resource Corp (GRC) market capitalisation.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2021 -0.84x CA$-942.34K CA$1.12 Million ▼ -96.6%
2018 -0.43x CA$-1.11 Million CA$2.59 Million ▲ +42.7%
2015 -0.75x CA$-2.05 Million CA$2.74 Million ▲ +92.3%
2014 -9.68x CA$-3.09 Million CA$319.55K ▼ -5501.9%
2006 -0.17x CA$-121.07K CA$700.77K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.