GGX Gold Corp (GGX) — Cash Flow Quality Index

Latest as of September 2024: -3.18x

GGX Gold Corp (GGX) has a Cash Flow Quality Index of -3.18x as of September 2024. Operating cash flow of CA$-608.16K is below net income of CA$191.00K, suggesting accrual-heavy earnings not yet converted to cash. Explore GGX Gold Corp cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-3.18x
Operating CF / Net Income

Operating Cash Flow

CA$-608.16K
CAD

Net Income

CA$191.00K
CAD

Data as of

Sep 2024
Most recent filing

GGX Gold Corp Cash Flow Quality Index (2024–2024)

Historical Cash Flow Quality Index for GGX Gold Corp across 1 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see GGX Gold Corp cash flow conversion.

Annual Cash Flow Quality Index for GGX Gold Corp (2024–2024)

Year-by-year earnings quality comparison for GGX Gold Corp.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2024 -0.04x CA$-25.76K CA$610.61K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.