Spruce Ridge Resources Ltd. (SHL) — Cash Flow Quality Index
Spruce Ridge Resources Ltd. (SHL) has a Cash Flow Quality Index of -0.84x as of October 2025. Operating cash flow of CA$-454.59K is below net income of CA$538.45K, suggesting accrual-heavy earnings not yet converted to cash. Explore how efficiently does Spruce Ridge Resources Ltd. generate cash to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Spruce Ridge Resources Ltd. Cash Flow Quality Index (2006–2024)
Historical Cash Flow Quality Index for Spruce Ridge Resources Ltd. across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how aggressively does Spruce Ridge Resources Ltd. reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Spruce Ridge Resources Ltd. (2006–2024)
Year-by-year earnings quality comparison for Spruce Ridge Resources Ltd.. For live market cap and the full company financial profile, see Spruce Ridge Resources Ltd. (SHL) market capitalisation.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | -0.80x | CA$-257.34K | CA$320.79K | ▼ -1192.9% |
| 2021 | -0.06x | CA$-1.34 Million | CA$21.67 Million | ▲ +45.5% |
| 2020 | -0.11x | CA$-981.41K | CA$8.61 Million | ▲ +43.4% |
| 2010 | -0.20x | CA$-362.92K | CA$1.80 Million | ▲ +90.9% |
| 2006 | -2.21x | CA$-245.31K | CA$110.90K | — |