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