Reconnaissance Energy Africa Ltd (RECO) — Cash Flow Quality Index

Latest as of December 2023: -0.05x

Reconnaissance Energy Africa Ltd (RECO) has a Cash Flow Quality Index of -0.05x as of December 2023. Operating cash flow of CA$-3.43 Million is below net income of CA$74.80 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Reconnaissance Energy Africa Ltd (RECO) total assets for the complete picture of this company's asset base.

Cash Flow Quality Index

-0.05x
Operating CF / Net Income

Operating Cash Flow

CA$-3.43 Million
CAD

Net Income

CA$74.80 Million
CAD

Data as of

Dec 2023
Most recent filing

Reconnaissance Energy Africa Ltd Cash Flow Quality Index (2024–2024)

Historical Cash Flow Quality Index for Reconnaissance Energy Africa Ltd across 1 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check RECO intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Reconnaissance Energy Africa Ltd (2024–2024)

Year-by-year earnings quality comparison for Reconnaissance Energy Africa Ltd. For live market cap and the full company financial profile, see Reconnaissance Energy Africa Ltd (RECO) market capitalisation.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2024 -0.35x CA$-14.54 Million CA$41.11 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.