Niocan Inc (NIO) — Cash Flow Quality Index

Latest as of March 2022: -2.51x

Niocan Inc (NIO) has a Cash Flow Quality Index of -2.51x as of March 2022. Operating cash flow of CA$-150.53K is below net income of CA$59.96K, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Niocan Inc service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-2.51x

Operating CF / Net Income

Operating Cash Flow

CA$-150.53K

CAD

Net Income

CA$59.96K

CAD

Data as of

Mar 2022

Most recent filing

Annual Cash Flow Quality Index for Niocan Inc (None–None)

Year-by-year earnings quality comparison for Niocan 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.