Vertex Resource Group Ltd (VTX) — Cash Flow Quality Index

Latest as of September 2024: 6.41x

Vertex Resource Group Ltd (VTX) has a Cash Flow Quality Index of 6.41x as of September 2024. Operating cash flow of CA$9.70 Million exceeds net income of CA$1.51 Million, indicating high earnings quality where cash backs reported profits. Explore cash flow conversion of Vertex Resource Group Ltd to assess how effectively this company generates cash.

Cash Flow Quality Index

6.41x
Operating CF / Net Income

Operating Cash Flow

CA$9.70 Million
CAD

Net Income

CA$1.51 Million
CAD

Data as of

Sep 2024
Most recent filing

Vertex Resource Group Ltd Cash Flow Quality Index (2018–2023)

Historical Cash Flow Quality Index for Vertex Resource Group Ltd across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check VTX total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Vertex Resource Group Ltd (2018–2023)

Year-by-year earnings quality comparison for Vertex Resource Group Ltd. For live market cap and the full company financial profile, see VTX market cap.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2023 18.29x CA$44.95 Million CA$2.46 Million ▲ +74.2%
2022 10.50x CA$21.44 Million CA$2.04 Million ▲ +34.4%
2021 7.81x CA$12.95 Million CA$1.66 Million ▲ +93.4%
2018 4.04x CA$9.25 Million CA$2.29 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.