New Destiny Mining Corp (NED) — Cash Flow Quality Index

Latest as of June 2022: -0.20x

New Destiny Mining Corp (NED) has a Cash Flow Quality Index of -0.20x as of June 2022. Operating cash flow of CA$-1.47K is below net income of CA$7.50K, suggesting accrual-heavy earnings not yet converted to cash. Also explore NED asset base for the complete picture of this company's asset base.

Cash Flow Quality Index

-0.20x
Operating CF / Net Income

Operating Cash Flow

CA$-1.47K
CAD

Net Income

CA$7.50K
CAD

Data as of

Jun 2022
Most recent filing

Annual Cash Flow Quality Index for New Destiny Mining Corp (None–None)

Year-by-year earnings quality comparison for New Destiny Mining Corp. For live market cap and the full company financial profile, see NED company net worth.

Year Quality Index Operating CF (CAD) Net Income YoY Change
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.