Apex Resources Inc (APX) — Cash Flow Quality Index

Latest as of June 2021: -0.02x

Apex Resources Inc (APX) has a Cash Flow Quality Index of -0.02x as of June 2021. Operating cash flow of CA$-11.30K is below net income of CA$495.61K, suggesting accrual-heavy earnings not yet converted to cash. Explore Apex Resources Inc cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.02x
Operating CF / Net Income

Operating Cash Flow

CA$-11.30K
CAD

Net Income

CA$495.61K
CAD

Data as of

Jun 2021
Most recent filing

Apex Resources Inc Cash Flow Quality Index (2016–2016)

Historical Cash Flow Quality Index for Apex Resources Inc across 1 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Apex Resources Inc generate cash.

Annual Cash Flow Quality Index for Apex Resources Inc (2016–2016)

Year-by-year earnings quality comparison for Apex Resources Inc.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2016 -5.13x CA$-433.94K CA$84.60K —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.