New Found Gold Corp (NFG) — Cash Flow Quality Index

Latest as of June 2021: -3.34x

New Found Gold Corp (NFG) has a Cash Flow Quality Index of -3.34x as of June 2021. Operating cash flow of CA$-12.47 Million is below net income of CA$3.74 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how efficiently does New Found Gold Corp generate cash to assess how effectively this company generates cash.

Cash Flow Quality Index

-3.34x
Operating CF / Net Income

Operating Cash Flow

CA$-12.47 Million
CAD

Net Income

CA$3.74 Million
CAD

Data as of

Jun 2021
Most recent filing

Annual Cash Flow Quality Index for New Found Gold Corp (None–None)

Year-by-year earnings quality comparison for New Found Gold Corp. For live market cap and the full company financial profile, see NFG stock market capitalisation.

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.