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$7.50K, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow to debt ratio of New Destiny Mining Corp to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
-0.20x
Operating CF / Net Income
Operating Cash Flow
CA$-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.
| 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.