CANEX Metals Inc (CANX) — Cash Flow Quality Index

Latest as of December 2021: -0.53x

CANEX Metals Inc (CANX) has a Cash Flow Quality Index of -0.53x as of December 2021. Operating cash flow of CA$-99.91K is below net income of CA$187.66K, suggesting accrual-heavy earnings not yet converted to cash. Explore CANEX Metals Inc cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.53x
Operating CF / Net Income

Operating Cash Flow

CA$-99.91K
CAD

Net Income

CA$187.66K
CAD

Data as of

Dec 2021
Most recent filing

CANEX Metals Inc Cash Flow Quality Index (2016–2018)

Historical Cash Flow Quality Index for CANEX Metals Inc across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see CANEX Metals Inc (CANX) cash conversion ratio.

Annual Cash Flow Quality Index for CANEX Metals Inc (2016–2018)

Year-by-year earnings quality comparison for CANEX Metals Inc.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2018 -2.84x CA$-164.05K CA$57.73K ▼ -212.7%
2016 -0.91x CA$-81.94K CA$90.17K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.