Quartz Mountain Resources Ltd (QZM) — Cash Flow Quality Index

Latest as of April 2023: 1.00x

Quartz Mountain Resources Ltd (QZM) has a Cash Flow Quality Index of 1.00x as of April 2023. Operating cash flow of CA$112.71K is below net income of CA$113.09K, suggesting accrual-heavy earnings not yet converted to cash. Explore QZM operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.00x
Operating CF / Net Income

Operating Cash Flow

CA$112.71K
CAD

Net Income

CA$113.09K
CAD

Data as of

Apr 2023
Most recent filing

Quartz Mountain Resources Ltd Cash Flow Quality Index (2002–2020)

Historical Cash Flow Quality Index for Quartz Mountain Resources Ltd across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Quartz Mountain Resources Ltd (QZM) cash flow conversion.

Annual Cash Flow Quality Index for Quartz Mountain Resources Ltd (2002–2020)

Year-by-year earnings quality comparison for Quartz Mountain Resources Ltd.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2020 -0.10x CA$-242.88K CA$2.52 Million ▲ +91.9%
2016 -1.19x CA$-109.86K CA$92.55K ▲ +51.5%
2003 -2.45x CA$-54.85K CA$22.43K ▼ -3108.0%
2002 -0.08x CA$-55.52K CA$728.36K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.