Condor Resources Inc Cash Flow Quality Index

Latest as of November 2024: -2.48x

Condor Resources Inc cash flow quality index. Condor Resources Inc (CN) has a Cash Flow Quality Index of -2.48x as of November 2024. Operating cash flow of CA$-211.93K is below net income of CA$85.47K, suggesting accrual-heavy earnings not yet converted to cash. See CN financial flexibility index to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

-2.48x
Operating CF / Net Income

Operating Cash Flow

CA$-211.93K
CAD

Net Income

CA$85.47K
CAD

Data as of

Nov 2024
Most recent filing

Cash Flow Quality Index of Condor Resources Inc (2021–2024)

Cash flow quality index of Condor Resources Inc from 2021 to 2024. Historical Cash Flow Quality Index for Condor Resources Inc across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore CN cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Condor Resources Inc Cash Flow Quality Index by Year (2021–2024)

Condor Resources Inc cash flow quality index by year from 2021 to 2024. Year-by-year earnings quality comparison for Condor Resources Inc. For the full cash flow conversion analysis, see cash efficiency ratio of Condor Resources Inc.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2024 -0.34x CA$-413.84K CA$1.22 Million ▲ +62.8%
2023 -0.91x CA$-399.85K CA$439.40K ▲ +68.1%
2022 -2.86x CA$-341.42K CA$119.53K ▼ -1665.3%
2021 -0.16x CA$-377.68K CA$2.33 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.