Noble Mineral Exploration Inc (NOB) — Cash Flow Quality Index

Latest as of February 2024: 0.36x

Noble Mineral Exploration Inc (NOB) has a Cash Flow Quality Index of 0.36x as of February 2024. Operating cash flow of CA$434.66K is below net income of CA$1.21 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Noble Mineral Exploration Inc operating cash flow efficiency to assess how effectively this company generates cash.

Cash Flow Quality Index

0.36x
Operating CF / Net Income

Operating Cash Flow

CA$434.66K
CAD

Net Income

CA$1.21 Million
CAD

Data as of

Feb 2024
Most recent filing

Noble Mineral Exploration Inc Cash Flow Quality Index (2003–2022)

Historical Cash Flow Quality Index for Noble Mineral Exploration Inc across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check NOB cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Noble Mineral Exploration Inc (2003–2022)

Year-by-year earnings quality comparison for Noble Mineral Exploration Inc. For live market cap and the full company financial profile, see NOB market cap overview.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2022 -0.32x CA$-1.07 Million CA$3.38 Million ▲ +10.9%
2021 -0.36x CA$-581.33K CA$1.64 Million ▼ -153.5%
2020 -0.14x CA$-583.55K CA$4.17 Million ▼ -39.6%
2017 -0.10x CA$-207.14K CA$2.07 Million ▼ -327.3%
2003 0.04x CA$82.21K CA$1.86 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.