Companies by Cash Flow Quality Index

How well does operating cash flow support reported net income — a key measure of earnings quality

Companies with Data

29,390
Positive operating CF and net income required

Last Updated

Jul 2026
Quarterly + annual filings
Cash Flow Quality Index = Operating Cash Flow / Net Income
Ratios above 1.0x indicate that operating cash flow exceeds accounting net income — a sign of high-quality earnings with strong cash backing. Ratios significantly below 1.0x may signal accrual-heavy earnings that are not yet converted to cash. Investors use this metric to assess earnings reliability and detect potential manipulation.
Rank Company Quality Index Operating CF Net Income Country Price 24h Change
2001 Yubico AB
ST:YUBICO 		11.86x Skr123.30 Million
≈ $13.27 Million 		Skr10.40 Million Sweden Skr66.00 ▲ +2.56%
2002 Funko Inc
NASDAQ:FNKO 		11.85x $11.24 Million $948.00K USA $5.63 ▼ -3.26%
2003 PetroFrontier Corp
V:PFC 		11.85x CA$1.40 Million
≈ $1.01 Million 		CA$118.12K Canada CA$0.02 ▲ +0.00%
2004 Kraft Bank Asa
OL:KRAB 		11.85x Nkr233.15 Million
≈ $24.53 Million 		Nkr19.68 Million Norway Nkr13.80 ▲ +0.00%
2005 Stille AB
ST:STIL 		11.85x Skr10.23 Million
≈ $1.10 Million 		Skr864.00K Sweden Skr249.00 ▲ +3.32%
2006 China Southern Airlines Company Limited
F:ZNHH 		11.85x €8.42 Billion
≈ $9.85 Billion 		€711.00 Million Germany €0.39 ▲ +1.56%
2007 Fennec Pharmaceuticals Inc
NASDAQ:FENC 		11.84x $2.38 Million $201.00K USA $9.90 ▼ -5.71%
2008 Woolworths Group Ltd
AU:WOW 		11.83x AU$2.65 Billion
≈ $1.88 Billion 		AU$224.00 Million Australia AU$39.33 ▲ +0.33%
2009 ADIENT PLC DL-001
F:18I 		11.83x €213.00 Million
≈ $249.02 Million 		€18.00 Million Germany €17.48 ▲ +2.94%
2010 Adient PLC
NYSE:ADNT 		11.83x $213.00 Million $18.00 Million USA $19.65 ▼ -0.71%
2011 Consultatio SA
BA:CTIO 		11.83x AR$179.78 Billion
≈ $130.09 Million 		AR$15.20 Billion Argentina AR$2110.00 ▲ +1.69%
2012 Jay Mart Public Company Limited
BK:JMART 		11.82x ฿975.72 Million
≈ $30.41 Million 		฿82.55 Million Thailand ฿11.50 ▼ -0.86%
2013 Futura Medical
LSE:FUM 		11.81x GBX3.44 Million
≈ $418.82 		GBX291.37K UK GBX0.36 ▲ +14.52%
2014 KINGDEE INT. UNS.ADR/100
F:KDID 		11.81x €1.10 Billion
≈ $1.28 Billion 		€92.91 Million Germany €93.00 ▼ -1.06%
2015 Articore Group Ltd
AU:ATG 		11.81x AU$58.53 Million
≈ $41.42 Million 		AU$4.96 Million Australia AU$0.29 ▼ -3.33%
2016 Ning Xia Yin Xing Energy Co Ltd
SHE:000862 		11.81x CN¥851.27 Million
≈ $124.57 Million 		CN¥72.10 Million China CN¥5.42 ▲ +8.40%
2017 Chengdu Xiling Power Science & Technology Incorporated Co Class A
SHE:300733 		11.80x CN¥120.45 Million
≈ $17.63 Million 		CN¥10.21 Million China CN¥12.01 ▲ +2.74%
2018 Konsortium AG
MU:KUB1 		11.80x €376.94K
≈ $440.69K 		€31.95K Germany €0.75 ▲ +0.00%
2019 Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A
SHG:600663 		11.80x CN¥2.90 Billion
≈ $424.88 Million 		CN¥246.16 Million China CN¥6.93 ▲ +1.32%
2020 Berlina Tbk
JK:BRNA 		11.79x Rp26.21 Billion
≈ $1.54 Million 		Rp2.22 Billion Indonesia Rp600.00 ▲ +0.00%
2021 Globe Trade Centre S.A.
WAR:GTC 		11.79x zł28.30 Million
≈ $7.79 Million 		zł2.40 Million Poland zł2.30 ▲ +0.44%
2022 Ribo Fashion Group Co Ltd
SHG:603196 		11.78x CN¥59.70 Million
≈ $8.74 Million 		CN¥5.07 Million China CN¥19.03 ▼ -7.58%
2023 Bank Handlowy w Warszawie SA
WAR:BHW 		11.78x zł4.54 Billion
≈ $1.25 Billion 		zł385.60 Million Poland zł123.20 ▲ +0.98%
2024 Arbuthnot Banking Group Plc
LSE:ARBB 		11.78x GBX81.70 Million
≈ $9.94K 		GBX6.94 Million UK GBX830.00 ▼ -0.60%
2025 Tessin Nordic Holding AB
ST:TESSIN 		11.77x Skr1.91 Million
≈ $205.12K 		Skr162.00K Sweden Skr2.80 ▼ -10.83%
2026 Artemis Hali As
IS:ARTMS 		11.76x TL13.34 Million
≈ $298.73K 		TL1.13 Million Turkey TL41.92 ▲ +1.01%
2027 Shanghai Chinafortune Co Ltd
SHG:600621 		11.76x CN¥3.31 Billion
≈ $484.10 Million 		CN¥281.42 Million China CN¥13.66 ▲ +1.49%
2028 Ningbo Shanshan Co Ltd
SHG:600884 		11.74x CN¥895.98 Million
≈ $131.11 Million 		CN¥76.29 Million China CN¥11.32 ▼ -3.82%
2029 US Gold Corp
NASDAQ:USAU 		11.74x $237.02K $20.19K USA $14.12 ▼ -0.91%
2030 Tianjin Jiuri New Materials Co Ltd
SHG:688199 		11.73x CN¥69.16 Million
≈ $10.12 Million 		CN¥5.89 Million China CN¥19.23 ▼ -11.30%
2031 Shanghai HiTech Control System
SHE:002184 		11.73x CN¥204.21 Million
≈ $29.88 Million 		CN¥17.41 Million China CN¥9.00 ▼ -1.21%
2032 Zee Media Corporation Limited
NSE:ZEEMEDIA 		11.73x Rs1.23 Billion
≈ $13.32 Million 		Rs105.01 Million India Rs8.08 ▼ -1.10%
2033 Mirae Asset Life Insurance Co Ltd
KO:085620 		11.72x ₩545.48 Billion
≈ $369.66 Million 		₩46.52 Billion Korea ₩15700.00 ▼ -6.32%
2034 SSAW Hotels & Resorts Group Co.Ltd.
SHE:301073 		11.72x CN¥270.65 Million
≈ $39.60 Million 		CN¥23.08 Million China CN¥16.41 ▼ -1.14%
2035 XOX Technology Bhd
KLSE:0017 		11.72x RM5.57 Million
≈ $1.40 Million 		RM475.00K Malaysia RM0.04 ▲ +0.00%
2036 XXL ASA
OL:XXL 		11.71x Nkr492.00 Million
≈ $51.77 Million 		Nkr42.00 Million Norway Nkr9.87 ▲ +0.00%
2037 Quinenco
SN:QUINENCO 		11.70x CL$1.50 Trillion
≈ $1.67 Billion 		CL$127.80 Billion Chile CL$4268.40 ▼ -0.25%
2038 ATMOFIZER TECHNOL.INC. B
F:J3KA 		11.70x €32.64K
≈ $38.15K 		€2.79K Germany €0.02 ▲ +0.00%
2039 Housing Development and Infrastructure Limited
NSE:HDIL 		11.69x Rs963.44 Million
≈ $10.42 Million 		Rs82.40 Million India Rs1.68 ▼ -0.59%
2040 Mieco Chipboard Bhd
KLSE:5001 		11.68x RM49.82 Million
≈ $12.51 Million 		RM4.26 Million Malaysia RM0.65 ▲ +0.00%
2041 Network Media Group Inc
V:NTE 		11.67x CA$1.59 Million
≈ $1.15 Million 		CA$135.85K Canada CA$0.06 ▲ +9.09%
2042 Empire State Realty Trust Inc
NYSE:ESRT 		11.65x $105.29 Million $9.04 Million USA $5.60 ▼ -2.95%
2043 APB Resources Bhd
KLSE:5568 		11.64x RM5.51 Million
≈ $1.38 Million 		RM473.00K Malaysia RM0.14 ▼ -3.45%
2044 Yunnan Jinggu Forestry Co Ltd
SHG:600265 		11.62x CN¥38.17 Million
≈ $5.59 Million 		CN¥3.29 Million China CN¥20.75 ▼ -3.44%
2045 Melewar Industrial Group Bhd
KLSE:3778 		11.61x RM14.08 Million
≈ $3.53 Million 		RM1.21 Million Malaysia RM0.13 ▲ +0.00%
2046 Cayman Engley Industrial Co
TW:2239 		11.61x NT$1.42 Billion
≈ $44.62 Million 		NT$121.94 Million Taiwan NT$19.95 ▲ +0.50%
2047 Alliance Resource Partners LP
NASDAQ:ARLP 		11.60x $105.51 Million $9.09 Million USA $24.34 ▼ -0.33%
2048 Reitmans Canada Ltd
V:RET 		11.60x CA$10.02 Million
≈ $7.25 Million 		CA$864.00K Canada CA$2.25 ▲ +0.00%
2049 Reitmans (Canada) Limited
V:RET-A 		11.60x CA$10.02 Million
≈ $7.25 Million 		CA$864.00K Canada CA$2.00 ▲ +0.00%
2050 Anam Electroni
KO:008700 		11.59x ₩13.65 Billion
≈ $9.25 Million 		₩1.18 Billion Korea ₩1048.00 ▼ -5.07%
2051 Tashin Holdings Bhd
KLSE:0211 		11.59x RM46.28 Million
≈ $11.62 Million 		RM3.99 Million Malaysia RM0.20 ▲ +0.00%
2052 Coventry Group Ltd
AU:CYG 		11.59x AU$12.12 Million
≈ $8.57 Million 		AU$1.05 Million Australia AU$0.36 ▼ -10.13%
2053 KCTC Co. Ltd
KO:009070 		11.58x ₩11.33 Billion
≈ $7.68 Million 		₩978.87 Million Korea ₩3720.00 ▼ -3.50%
2054 Shandong Longji Machinery Co Ltd
SHE:002363 		11.57x CN¥115.54 Million
≈ $16.91 Million 		CN¥9.98 Million China CN¥5.98 ▼ -1.97%
2055 CEVA Inc
NASDAQ:CEVA 		11.57x $8.72 Million $754.00K USA $37.33 ▼ -1.69%
2056 Soma Gold Corp
V:SOMA 		11.56x CA$4.91 Million
≈ $3.55 Million 		CA$424.96K Canada CA$0.66 ▼ -5.71%
2057 TOYO Co., Ltd Ordinary Shares
NASDAQ:TOYO 		11.55x $20.02 Million $1.73 Million USA $5.15 ▼ -1.34%
2058 EVN Finance JSC
VN:EVF 		11.54x ₫3.02 Trillion
≈ $114.60 Million 		₫261.30 Billion Vietnam ₫12000.00 ▼ -5.14%
2059 HeveaBoard Bhd
KLSE:5095 		11.54x RM11.65 Million
≈ $2.92 Million 		RM1.01 Million Malaysia RM0.11 ▲ +4.76%
2060 Hitevision Co Ltd
SHE:002955 		11.53x CN¥433.64 Million
≈ $63.45 Million 		CN¥37.60 Million China CN¥28.75 ▲ +1.45%
2061 Mangalam Organics Limited
NSE:MANORG 		11.52x Rs103.61 Million
≈ $1.12 Million 		Rs8.99 Million India Rs567.60 ▲ +1.79%
2062 Linz Textil Holding AG
VI:LTH 		11.52x €4.23 Million
≈ $4.94 Million 		€366.71K Austria €170.00 ▲ +0.00%
2063 Atlantic American Corporation
NASDAQ:AAME 		11.51x $6.64 Million $577.00K USA $1.57 ▼ -0.63%
2064 Zhejiang Jinke Peroxides Co Ltd
SHE:300459 		11.50x CN¥33.90 Million
≈ $4.96 Million 		CN¥2.95 Million China CN¥3.45 ▲ +2.07%
2065 Amedeo Air Four Plus Limited
LSE:AA4 		11.49x GBX75.55 Million
≈ $9.19K 		GBX6.57 Million UK GBX72.40 ▲ +0.00%
2066 Brera Holdings PLC
NASDAQ:SLMT 		11.49x $32.84K $2.86K USA $5.11 ▲ +0.59%
2067 Quidel Corporation
NASDAQ:QDEL 		11.49x $80.40 Million $7.00 Million USA $16.58 ▼ -4.60%
2068 Baosheng
SHG:600973 		11.48x CN¥503.69 Million
≈ $73.71 Million 		CN¥43.87 Million China CN¥5.50 ▲ +1.85%
2069 Vátryggingafélag Íslands hf
IC:SKAGI 		11.46x Ikr1.76 Billion
≈ $14.33 Million 		Ikr153.41 Million Iceland Ikr18.50 ▲ +0.00%
2070 SMS Lifesciences India Limited
NSE:SMSLIFE 		11.46x Rs340.55 Million
≈ $3.68 Million 		Rs29.73 Million India Rs1288.50 ▼ -6.64%
2071 Guangdong Jialong Food Co Ltd
SHE:002495 		11.45x CN¥19.72 Million
≈ $2.89 Million 		CN¥1.72 Million China CN¥2.09 ▼ -3.24%
2072 Empresas Cablevisión S.A.B. de C.V
MX:CABLECPO 		11.43x MX$3.61 Billion
≈ $207.63 Million 		MX$315.62 Million Mexico MX$55.00 ▲ +0.00%
2073 Xinjiang Winka Times Dept
SHG:603101 		11.43x CN¥152.73 Million
≈ $22.35 Million 		CN¥13.36 Million China CN¥6.87 ▼ -1.72%
2074 Greenbrier Companies Inc
NYSE:GBX 		11.42x $158.70 Million $13.90 Million USA $49.56 ▼ -0.92%
2075 Aerospace Industrial Development Corp
TW:2634 		11.41x NT$2.98 Billion
≈ $93.74 Million 		NT$260.66 Million Taiwan NT$65.00 ▲ +6.21%
2076 Hang Zhou Iron & Steel Co Ltd
SHG:600126 		11.40x CN¥2.45 Billion
≈ $358.48 Million 		CN¥214.81 Million China CN¥6.23 ▲ +10.07%
2077 Cadre Holdings Inc
NYSE:CDRE 		11.40x $22.52 Million $1.98 Million USA $29.08 ▼ -1.79%
2078 Binero Group AB
ST:BINERO 		11.40x Skr2.86 Million
≈ $307.35K 		Skr250.50K Sweden Skr1.87 ▲ +3.89%
2079 Polyram Plastic Industries Ltd
TA:POLP 		11.39x ILA43.11 Million
≈ $115.59K 		ILA3.78 Million Israel ILA825.30 ▼ -0.88%
2080 Hoang Quan Consulting Trading Service Real Estate Corp
VN:HQC 		11.39x ₫627.29 Billion
≈ $23.83 Million 		₫55.08 Billion Vietnam ₫2260.00 ▼ -4.24%
2081 International Petroleum Corp
TO:IPCO 		11.38x CA$42.72 Million
≈ $30.90 Million 		CA$3.75 Million Canada CA$30.74 ▼ -0.84%
2082 Yuhuan CNC Machine Tool Co Ltd
SHE:002903 		11.37x CN¥4.69 Million
≈ $685.80K 		CN¥412.16K China CN¥22.28 ▼ -9.98%
2083 Spire Healthcare Group Plc
LSE:SPI 		11.36x GBX112.50 Million
≈ $13.69K 		GBX9.90 Million UK GBX218.00 ▲ +0.00%
2084 Grindrod Shipping Holdings Ltd
NASDAQ:GRIN 		11.36x $62.95 Million $5.54 Million USA $31.30 ▼ -0.44%
2085 Grupo Traxión S.A.B. de C.V
MX:TRAXIONA 		11.36x MX$664.73 Million
≈ $38.26 Million 		MX$58.52 Million Mexico MX$10.71 ▲ +0.28%
2086 CJ CheilJedang Corp
KO:097955 		11.34x ₩826.72 Billion
≈ $560.25 Million 		₩72.93 Billion Korea ₩118100.00 ▼ -1.01%
2087 Ranger Energy Services Inc
NYSE:RNGR 		11.33x $13.60 Million $1.20 Million USA $15.57 ▼ -0.26%
2088 Ryerson Holding Corp
NYSE:RYI 		11.33x $23.80 Million $2.10 Million USA $26.64 ▲ +0.38%
2089 Dowlais Group Plc
LSE:DWL 		11.33x £238.00 Million
≈ $319.61 Million 		£21.00 Million UK £93.85 ▲ +0.00%
2090 HubSpot Inc
NYSE:HUBS 		11.33x $187.35 Million $16.54 Million USA $231.21 ▲ +3.10%
2091 Shenzhen Etmade Automatic Equipment
SHE:300812 		11.32x CN¥53.48 Million
≈ $7.83 Million 		CN¥4.73 Million China CN¥17.24 ▼ -5.79%
2092 LEADING HOLDINGS DL-01
F:88Z 		11.31x €5.52 Billion
≈ $6.46 Billion 		€488.45 Million Germany €0.01 ▲ +0.00%
2093 Hanwha Investment&Securities Co Ltd
KO:003530 		11.30x ₩216.17 Billion
≈ $146.50 Million 		₩19.13 Billion Korea ₩4270.00 ▼ -4.69%
2094 Sasol Ltd
JSE:SOL 		11.30x ZAC24.48 Billion
≈ $13.01 Million 		ZAC2.17 Billion South Africa ZAC18879.00 ▲ +0.31%
2095 Taiyuan Heavy Industry Co Ltd
SHG:600169 		11.29x CN¥465.46 Million
≈ $68.11 Million 		CN¥41.22 Million China CN¥2.00 ▲ +0.00%
2096 Australian Clinical Labs Ltd
AU:ACL 		11.29x AU$62.87 Million
≈ $44.48 Million 		AU$5.57 Million Australia AU$2.33 ▼ -1.27%
2097 Country Club Hospitality & Holidays Limited
NSE:CCHHL 		11.29x Rs44.29 Million
≈ $478.96K 		Rs3.92 Million India Rs12.50 ▼ -1.57%
2098 XP Power Ltd
LSE:XPP 		11.29x GBX23.70 Million
≈ $2.88K 		GBX2.10 Million UK GBX1740.00 ▼ -0.80%
2099 Ningxia Jiaze Renewables Corp
SHG:601619 		11.28x CN¥1.52 Billion
≈ $222.88 Million 		CN¥135.00 Million China CN¥4.22 ▲ +3.43%
2100 Shanghai New Huang Pu Real Estate Co Ltd
SHG:600638 		11.28x CN¥397.47 Million
≈ $58.16 Million 		CN¥35.23 Million China CN¥4.47 ▼ -1.32%