Northern Shield Resources Inc. Cash Flow Quality Index

Latest as of December 2021: 1.21x

Northern Shield Resources Inc. cash flow quality index. Northern Shield Resources Inc. (NRN) has a Cash Flow Quality Index of 1.21x as of December 2021. Operating cash flow of CA$164.60K exceeds net income of CA$136.54K, indicating high earnings quality where cash backs reported profits. See NRN financial flexibility score to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

1.21x
Operating CF / Net Income

Operating Cash Flow

CA$164.60K
CAD

Net Income

CA$136.54K
CAD

Data as of

Dec 2021
Most recent filing

Northern Shield Resources Inc. Cash Flow Quality Index by Year (None–None)

Northern Shield Resources Inc. cash flow quality index by year from None to None. Year-by-year earnings quality comparison for Northern Shield Resources Inc.. For the full cash flow conversion analysis, see Northern Shield Resources Inc. (NRN) cash conversion ratio.

Year Quality Index Operating CF (CAD) Net Income YoY Change
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.