Mandalay Resources Corp (MND) — Cash Flow Quality Index
Mandalay Resources Corp (MND) has a Cash Flow Quality Index of 1.89x as of March 2025. Operating cash flow of CA$27.95 Million exceeds net income of CA$14.82 Million, indicating high earnings quality where cash backs reported profits. Explore Mandalay Resources Corp debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Mandalay Resources Corp Cash Flow Quality Index (2011–2024)
Historical Cash Flow Quality Index for Mandalay Resources Corp across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Mandalay Resources Corp.
Annual Cash Flow Quality Index for Mandalay Resources Corp (2011–2024)
Year-by-year earnings quality comparison for Mandalay Resources Corp.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 2.36x | CA$112.72 Million | CA$47.76 Million | ▼ -57.1% |
| 2023 | 5.51x | CA$43.29 Million | CA$7.86 Million | ▲ +61.7% |
| 2022 | 3.41x | CA$80.04 Million | CA$23.51 Million | ▲ +201.2% |
| 2021 | 1.13x | CA$62.03 Million | CA$54.88 Million | ▼ -82.9% |
| 2020 | 6.62x | CA$61.66 Million | CA$9.31 Million | ▲ +46.4% |
| 2015 | 4.52x | CA$66.36 Million | CA$14.66 Million | ▲ +70.7% |
| 2014 | 2.65x | CA$46.60 Million | CA$17.58 Million | ▲ +9.7% |
| 2013 | 2.42x | CA$71.13 Million | CA$29.44 Million | ▲ +66.3% |
| 2012 | 1.45x | CA$60.59 Million | CA$41.71 Million | ▼ -9.5% |
| 2011 | 1.61x | CA$29.66 Million | CA$18.48 Million | — |