NEXE Innovations Inc (NEXE) — Cash Flow Quality Index

Latest as of August 2024: -0.46x

NEXE Innovations Inc (NEXE) has a Cash Flow Quality Index of -0.46x as of August 2024. Operating cash flow of CA$-1.05 Million is below net income of CA$2.29 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can NEXE Innovations Inc service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.46x

Operating CF / Net Income

Operating Cash Flow

CA$-1.05 Million

CAD

Net Income

CA$2.29 Million

CAD

Data as of

Aug 2024

Most recent filing

Annual Cash Flow Quality Index for NEXE Innovations Inc (None–None)

Year-by-year earnings quality comparison for NEXE Innovations Inc.

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.