Nickel 28 Capital Corp (NKL) — Cash Flow Quality Index
Latest as of October 2025:
0.21x
Nickel 28 Capital Corp (NKL) has a Cash Flow Quality Index of 0.21x as of October 2025. Operating cash flow of CA$133.42K is below net income of CA$645.48K, suggesting accrual-heavy earnings not yet converted to cash. Explore NKL cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.21x
Operating CF / Net Income
Operating Cash Flow
CA$133.42K
CAD
Net Income
CA$645.48K
CAD
Data as of
Oct 2025
Most recent filing
Nickel 28 Capital Corp Cash Flow Quality Index (2021–2023)
Historical Cash Flow Quality Index for Nickel 28 Capital Corp across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see NKL cash flow conversion.
Annual Cash Flow Quality Index for Nickel 28 Capital Corp (2021–2023)
Year-by-year earnings quality comparison for Nickel 28 Capital Corp.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | -1.17x | CA$-7.14 Million | CA$6.11 Million | ▼ -128.8% |
| 2022 | -0.51x | CA$-5.70 Million | CA$11.17 Million | ▲ +58.8% |
| 2021 | -1.24x | CA$-3.17 Million | CA$2.56 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.