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$3.74 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow to debt ratio of New Found Gold Corp to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
-3.34x
Operating CF / Net Income
Operating Cash Flow
CA$-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.
| 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.