Gungnir Resources Inc (GUG) — Cash Flow Quality Index

Latest as of March 2022: -5.42x

Gungnir Resources Inc (GUG) has a Cash Flow Quality Index of -5.42x as of March 2022. Operating cash flow of CA$-645.18K is below net income of CA$118.97K, suggesting accrual-heavy earnings not yet converted to cash. Explore GUG operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-5.42x
Operating CF / Net Income

Operating Cash Flow

CA$-645.18K
CAD

Net Income

CA$118.97K
CAD

Data as of

Mar 2022
Most recent filing

Gungnir Resources Inc Cash Flow Quality Index (2007–2019)

Historical Cash Flow Quality Index for Gungnir Resources Inc across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see GUG cash flow metrics.

Annual Cash Flow Quality Index for Gungnir Resources Inc (2007–2019)

Year-by-year earnings quality comparison for Gungnir Resources Inc.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2019 1.12x CA$1.05 Million CA$940.27K ▲ +14.8%
2018 0.97x CA$660.89K CA$680.09K ▼ -11.7%
2017 1.10x CA$629.36K CA$572.12K ▲ +362.5%
2007 -0.42x CA$-976.06K CA$2.33 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.