New Energy Metals Corp (ENRG) — Cash Flow Quality Index

Latest as of March 2022: -0.06x

New Energy Metals Corp (ENRG) has a Cash Flow Quality Index of -0.06x as of March 2022. Operating cash flow of CA$-16.65K is below net income of CA$285.35K, suggesting accrual-heavy earnings not yet converted to cash. Explore debt repayment capacity of New Energy Metals Corp to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.06x
Operating CF / Net Income

Operating Cash Flow

CA$-16.65K
CAD

Net Income

CA$285.35K
CAD

Data as of

Mar 2022
Most recent filing

New Energy Metals Corp Cash Flow Quality Index (2021–2022)

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

Annual Cash Flow Quality Index for New Energy Metals Corp (2021–2022)

Year-by-year earnings quality comparison for New Energy Metals Corp.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2022 -0.53x CA$-89.56K CA$167.70K ▲ +97.2%
2021 -19.33x CA$-123.99K CA$6.42K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.