European Electric Metals Inc (EVX) — Cash Flow Quality Index

Latest as of January 2022: -0.38x

European Electric Metals Inc (EVX) has a Cash Flow Quality Index of -0.38x as of January 2022. Operating cash flow of CA$-14.15K is below net income of CA$37.12K, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can European Electric Metals Inc service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.38x
Operating CF / Net Income

Operating Cash Flow

CA$-14.15K
CAD

Net Income

CA$37.12K
CAD

Data as of

Jan 2022
Most recent filing

European Electric Metals Inc Cash Flow Quality Index (2018–2018)

Historical Cash Flow Quality Index for European Electric Metals Inc across 1 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see European Electric Metals Inc cash conversion from operations.

Annual Cash Flow Quality Index for European Electric Metals Inc (2018–2018)

Year-by-year earnings quality comparison for European Electric Metals Inc.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2018 -0.52x CA$-2.99 Million CA$5.77 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.