Spruce Ridge Resources Ltd. Cash Flow Quality Index
Spruce Ridge Resources Ltd. 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$538.45K, suggesting accrual-heavy earnings not yet converted to cash. See financial flexibility index of Spruce Ridge Resources Ltd. to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Spruce Ridge Resources Ltd. (2006–2024)
Cash flow quality index of Spruce Ridge Resources Ltd. from 2006 to 2024. Historical Cash Flow Quality Index for Spruce Ridge Resources Ltd. across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore debt repayment capacity of Spruce Ridge Resources Ltd. to assess how comfortably operating cash covers total debt obligations.
Spruce Ridge Resources Ltd. Cash Flow Quality Index by Year (2006–2024)
Spruce Ridge Resources Ltd. cash flow quality index by year from 2006 to 2024. Year-by-year earnings quality comparison for Spruce Ridge Resources Ltd.. For the full cash flow conversion analysis, see cash efficiency ratio of Spruce Ridge Resources Ltd..
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | -0.80x | CA$-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 | — |