Niobay Metals Inc (NBY) — Cash Flow Quality Index

Latest as of December 2020: -0.37x

Niobay Metals Inc (NBY) has a Cash Flow Quality Index of -0.37x as of December 2020. Operating cash flow of CA$-628.78K is below net income of CA$1.70 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Niobay Metals Inc service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.37x
Operating CF / Net Income

Operating Cash Flow

CA$-628.78K
CAD

Net Income

CA$1.70 Million
CAD

Data as of

Dec 2020
Most recent filing

Niobay Metals Inc Cash Flow Quality Index (2008–2011)

Historical Cash Flow Quality Index for Niobay Metals Inc across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Niobay Metals Inc operating cash flow efficiency.

Annual Cash Flow Quality Index for Niobay Metals Inc (2008–2011)

Year-by-year earnings quality comparison for Niobay Metals Inc.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2011 -0.73x CA$-1.17 Million CA$1.61 Million ▼ -109.8%
2009 7.39x CA$6.09 Million CA$824.03K ▲ +1854.9%
2008 0.38x CA$8.37 Million CA$22.13 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.