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$538.45K, suggesting accrual-heavy earnings not yet converted to cash. Explore Spruce Ridge Resources Ltd. strategic investment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Spruce Ridge Resources Ltd. Cash Flow Quality Index (2006–2024)
Historical Cash Flow Quality Index for Spruce Ridge Resources Ltd. across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check SHL goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Spruce Ridge Resources Ltd. (2006–2024)
Year-by-year earnings quality comparison for Spruce Ridge Resources Ltd.. For live market cap and the full company financial profile, see Spruce Ridge Resources Ltd. (SHL) market capitalisation.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | -0.80x | CA$-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 | — |