Ngx Energy International Corp (GASX) — Cash Flow Quality Index

Latest as of June 2019: -0.47x

Ngx Energy International Corp (GASX) has a Cash Flow Quality Index of -0.47x as of June 2019. Operating cash flow of CA$-1.54 Million is below net income of CA$3.29 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Ngx Energy International Corp service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.47x
Operating CF / Net Income

Operating Cash Flow

CA$-1.54 Million
CAD

Net Income

CA$3.29 Million
CAD

Data as of

Jun 2019
Most recent filing

Ngx Energy International Corp Cash Flow Quality Index (2011–2011)

Historical Cash Flow Quality Index for Ngx Energy International Corp across 1 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Ngx Energy International Corp.

Annual Cash Flow Quality Index for Ngx Energy International Corp (2011–2011)

Year-by-year earnings quality comparison for Ngx Energy International Corp.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2011 -0.32x CA$-5.34 Million CA$16.52 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.