Noble Mineral Exploration Inc Cash Flow Quality Index
Noble Mineral Exploration Inc cash flow quality index. 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$1.21 Million, suggesting accrual-heavy earnings not yet converted to cash. See financial agility of Noble Mineral Exploration Inc to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Noble Mineral Exploration Inc (2003–2022)
Cash flow quality index of Noble Mineral Exploration Inc from 2003 to 2022. Historical Cash Flow Quality Index for Noble Mineral Exploration Inc across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore NOB operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Noble Mineral Exploration Inc Cash Flow Quality Index by Year (2003–2022)
Noble Mineral Exploration Inc cash flow quality index by year from 2003 to 2022. Year-by-year earnings quality comparison for Noble Mineral Exploration Inc. For the full cash flow conversion analysis, see cash flow conversion of Noble Mineral Exploration Inc.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2022 | -0.32x | CA$-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 | — |