Precipitate Gold Corp (PRG) — Cash Flow Quality Index

Latest as of November 2023: -0.07x

Precipitate Gold Corp (PRG) has a Cash Flow Quality Index of -0.07x as of November 2023. Operating cash flow of CA$-106.15K is below net income of CA$1.49 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore PRG debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.07x
Operating CF / Net Income

Operating Cash Flow

CA$-106.15K
CAD

Net Income

CA$1.49 Million
CAD

Data as of

Nov 2023
Most recent filing

Precipitate Gold Corp Cash Flow Quality Index (2022–2023)

Historical Cash Flow Quality Index for Precipitate Gold Corp across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see PRG cash flow metrics.

Annual Cash Flow Quality Index for Precipitate Gold Corp (2022–2023)

Year-by-year earnings quality comparison for Precipitate Gold Corp.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2023 -3.34x CA$-1.20 Million CA$358.61K ▼ -121.6%
2022 -1.51x CA$-2.34 Million CA$1.55 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.