Nevada King Gold Corp (NKG) — Cash Flow Quality Index

Latest as of March 2018: -1.65x

Nevada King Gold Corp (NKG) has a Cash Flow Quality Index of -1.65x as of March 2018. Operating cash flow of CA$-1.13 Million is below net income of CA$683.60K, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow to debt ratio of Nevada King Gold Corp to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-1.65x
Operating CF / Net Income

Operating Cash Flow

CA$-1.13 Million
CAD

Net Income

CA$683.60K
CAD

Data as of

Mar 2018
Most recent filing

Nevada King Gold Corp Cash Flow Quality Index (2018–2018)

Historical Cash Flow Quality Index for Nevada King Gold Corp across 1 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Nevada King Gold Corp cash flow conversion.

Annual Cash Flow Quality Index for Nevada King Gold Corp (2018–2018)

Year-by-year earnings quality comparison for Nevada King Gold Corp.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2018 -1.65x CA$-1.13 Million CA$683.60K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.