Companies by Cash Flow Quality Index

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

29,611

Positive operating CF and net income required

Last Updated

Oct 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.

Cash Flow Quality Index Rankings of Public Companies (October 2026)

Cash flow quality index rankings of public companies for October 2026, covering 29,611 companies. Search or filter the table below to find a company.

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Rank	Company	Quality Index	Operating CF	Net Income	Country	Price	24h Change
2201	ARRAIL GROUP LTD. F:I1D	10.51x	€231.14 Million ≈ $270.23 Million	€21.99 Million	Germany	€0.20	▲ +0.00%
2202	Sun-Sea Construction TWO:5516	10.51x	NT$298.37 Million ≈ $9.40 Million	NT$28.39 Million	Taiwan	NT$13.05	▲ +2.76%
2203	Guanglian Aviation Industry Co Ltd SHE:300900	10.50x	CN¥103.87 Million ≈ $15.20 Million	CN¥9.89 Million	China	CN¥21.28	▲ +13.43%
2204	Fuji Finance Indonesia Tbk PT JK:FUJI	10.47x	Rp21.74 Billion ≈ $1.27 Million	Rp2.08 Billion	Indonesia	Rp238.00	▼ -15.00%
2205	Wheels India Limited NSE:WHEELS	10.47x	Rs4.00 Billion ≈ $43.31 Million	Rs382.40 Million	India	Rs2452.70	▲ +2.22%
2206	Beijing Shiji Information Technology Co Ltd SHE:002153	10.47x	CN¥130.16 Million ≈ $19.05 Million	CN¥12.43 Million	China	CN¥7.28	▼ -2.15%
2207	Railcare Group AB (publ) ST:RAIL	10.46x	Skr72.15 Million ≈ $7.76 Million	Skr6.89 Million	Sweden	Skr29.00	▲ +1.40%
2208	Eagle Cold Storage Enterprise Co Ltd TWO:8905	10.46x	NT$104.07 Million ≈ $3.28 Million	NT$9.95 Million	Taiwan	NT$34.80	▼ -0.14%
2209	Jacques Bogart SA PA:JBOG	10.46x	€49.64 Million ≈ $58.03 Million	€4.75 Million	France	€1.75	▼ -2.78%
2210	SFA Engineering Corporation KQ:056190	10.45x	₩15.67 Billion ≈ $10.62 Million	₩1.50 Billion	Korea	₩27700.00	▼ -1.25%
2211	China Modern Dairy Holdings Ltd F:07M	10.43x	€1.09 Billion ≈ $1.28 Billion	€104.64 Million	Germany	€0.15	▲ +0.68%
2212	Hunan New Wellful Co Ltd SHG:600975	10.43x	CN¥267.07 Million ≈ $39.08 Million	CN¥25.61 Million	China	CN¥4.88	▲ +1.46%
2213	SSP Group PLC LSE:SSPG	10.42x	GBX395.10 Million ≈ $48.07K	GBX37.90 Million	UK	GBX182.40	▲ +1.39%
2214	Bizim Toptan Satis Magazalari AS IS:BIZIM	10.42x	TL342.22 Million ≈ $7.66 Million	TL32.85 Million	Turkey	TL17.39	▼ -4.19%
2215	Inst Diagnosti SN:INDISA	10.41x	CL$8.87 Billion ≈ $9.92 Million	CL$851.65 Million	Chile	CL$2450.40	▲ +0.00%
2216	Immersion SA PA:ALIMR	10.41x	€188.75K ≈ $220.67K	€18.14K	France	€2.20	▲ +0.00%
2217	kakaopay Corp. KO:377300	10.40x	₩88.83 Billion ≈ $60.20 Million	₩8.54 Billion	Korea	₩35800.00	▲ +3.62%
2218	Tri-Mode System M Bhd KLSE:0199	10.39x	RM2.14 Million ≈ $537.53K	RM206.00K	Malaysia	RM0.16	▲ +0.00%
2219	Maral Overseas Limited NSE:MARALOVER	10.39x	Rs611.49 Million ≈ $6.61 Million	Rs58.87 Million	India	Rs56.58	▼ -0.65%
2220	SK TELECOM CO.LTD.ADR 5/9 F:KMBA	10.39x	€1.10 Trillion ≈ $1.29 Trillion	€106.00 Billion	Germany	€31.80	▼ -1.24%
2221	Partron Co. Ltd KQ:091700	10.38x	₩37.59 Billion ≈ $25.47 Million	₩3.62 Billion	Korea	₩4795.00	▲ +1.27%
2222	Imagicaaworld Entertainment Limited NSE:IMAGICAA	10.37x	Rs560.57 Million ≈ $6.06 Million	Rs54.05 Million	India	Rs46.50	▲ +0.32%
2223	Korea Ind KO:002140	10.36x	₩14.28 Billion ≈ $9.67 Million	₩1.38 Billion	Korea	₩1855.00	▲ +2.26%
2224	Hengyuan Refining Company Bhd KLSE:4324	10.36x	RM217.90 Million ≈ $54.71 Million	RM21.04 Million	Malaysia	RM3.72	▲ +0.00%
2225	JNK Heaters Co. Ltd KQ:126880	10.34x	₩25.64 Billion ≈ $17.38 Million	₩2.48 Billion	Korea	₩2600.00	▲ +3.38%
2226	Jiangsu Canlon Building Materials Co Ltd SHE:300715	10.34x	CN¥6.19 Million ≈ $905.12K	CN¥598.10K	China	CN¥14.46	▼ -0.28%
2227	SVG Optronics Co Ltd SHE:300331	10.34x	CN¥51.87 Million ≈ $7.59 Million	CN¥5.02 Million	China	CN¥34.17	▼ -1.33%
2228	Linkers Industries Limited Class A Ordinary Shares NASDAQ:LNKS	10.33x	$2.04 Million	$197.44K	USA	$0.77	▼ -8.05%
2229	Zheshang Securities Co Ltd SHG:601878	10.31x	CN¥8.87 Billion ≈ $1.30 Billion	CN¥859.81 Million	China	CN¥8.95	▼ -1.00%
2230	Wushang Group Co Ltd SHE:000501	10.30x	CN¥233.76 Million ≈ $34.21 Million	CN¥22.69 Million	China	CN¥7.06	▲ +0.71%
2231	KB Financial Group Inc F:KBIA	10.30x	€7.43 Trillion ≈ $8.68 Trillion	€721.24 Billion	Germany	€107.00	▲ +4.90%
2232	Embraer S.A F:EMY	10.29x	€857.00 Million ≈ $1.00 Billion	€83.30 Million	Germany	€63.80	▲ +3.24%
2233	Hangzhou Silan Microelectronics Co Ltd SHG:600460	10.29x	CN¥866.89 Million ≈ $126.85 Million	CN¥84.27 Million	China	CN¥25.65	▼ -1.16%
2234	Chongqing Lummy Pharmaceutical SHE:300006	10.28x	CN¥60.72 Million ≈ $8.88 Million	CN¥5.90 Million	China	CN¥9.75	▲ +19.93%
2235	Jaya Trishindo Tbk PT JK:HELI	10.28x	Rp4.34 Billion ≈ $254.26K	Rp421.96 Million	Indonesia	Rp196.00	▼ -14.78%
2236	BROOGE ENERGY DL-0001 F:3SF	10.28x	€45.61 Million ≈ $53.33 Million	€4.44 Million	Germany	€2.22	▲ +0.00%
2237	TX Group AG SW:TXGN	10.27x	CHF98.60 Million ≈ $124.66 Million	CHF9.60 Million	Switzerland	CHF185.00	▲ +1.20%
2238	Zamet Industry SA WAR:ZMT	10.27x	zł7.45 Million ≈ $2.05 Million	zł726.00K	Poland	zł0.58	▲ +0.69%
2239	Prince Pipes And Fittings Limited NSE:PRINCEPIPE	10.26x	Rs2.00 Billion ≈ $21.59 Million	Rs194.53 Million	India	Rs282.35	▲ +2.10%
2240	Zoy Home Furnishing Co Ltd SHG:603709	10.26x	CN¥23.79 Million ≈ $3.48 Million	CN¥2.32 Million	China	CN¥11.95	▲ +3.20%
2241	Strawberry Fields REIT LLC NYSE MKT:STRW	10.26x	$20.70 Million	$2.02 Million	USA	$13.24	▼ -0.23%
2242	First Internet Bancorp NASDAQ:INBK	10.26x	$24.28 Million	$2.37 Million	USA	$25.66	▼ -1.08%
2243	TriMas Corporation NASDAQ:TRS	10.25x	$137.10 Million	$13.37 Million	USA	$38.75	▼ -0.51%
2244	Oriental Union Chemical Corp TW:1710	10.25x	NT$462.82 Million ≈ $14.58 Million	NT$45.14 Million	Taiwan	NT$18.05	▲ +0.28%
2245	Sierra Madre Gold and Silver Ltd V:SM	10.25x	CA$3.47 Million ≈ $2.51 Million	CA$338.84K	Canada	CA$1.59	▼ -4.22%
2246	Sunflower Pharmaceuticals Group Co Ltd SHE:002737	10.25x	CN¥247.91 Million ≈ $36.28 Million	CN¥24.20 Million	China	CN¥11.17	▲ +0.09%
2247	Fujian Kuncai Material Tech SHG:603826	10.24x	CN¥119.42 Million ≈ $17.47 Million	CN¥11.66 Million	China	CN¥13.51	▼ -0.37%
2248	Dave Inc NASDAQ:DAVE	10.23x	$68.38 Million	$6.69 Million	USA	$367.40	▼ -0.43%
2249	Fuel Tech Inc NASDAQ:FTEK	10.22x	$3.10 Million	$303.00K	USA	$1.40	▼ -1.41%
2250	AG Anadolu Group Holding IS:AGHOL	10.21x	TL35.17 Billion ≈ $787.79 Million	TL3.44 Billion	Turkey	TL29.86	▼ -4.78%
2251	Bank of Nanjing Co Ltd SHG:601009	10.21x	CN¥71.98 Billion ≈ $10.53 Billion	CN¥7.05 Billion	China	CN¥11.78	▼ -0.08%
2252	Sichuan Kexin Mechanic Electric SHE:300092	10.20x	CN¥30.55 Million ≈ $4.47 Million	CN¥2.99 Million	China	CN¥10.96	▲ +2.43%
2253	Digital China Information Service Co Ltd SHE:000555	10.20x	CN¥1.23 Billion ≈ $179.69 Million	CN¥120.38 Million	China	CN¥9.92	▲ +0.20%
2254	T.Krungthai Industries Public Company Limited BK:TKT	10.20x	฿24.16 Million ≈ $752.90K	฿2.37 Million	Thailand	฿0.66	▼ -1.49%
2255	H+H International A/S CO:HH	10.20x	Dkr102.00 Million ≈ $15.96 Million	Dkr10.00 Million	Denmark	Dkr95.90	▲ +1.59%
2256	Shenzhen Strongteam Decoration Engineering Co Ltd SHE:002989	10.20x	CN¥38.74 Million ≈ $5.67 Million	CN¥3.80 Million	China	CN¥18.55	▲ +0.38%
2257	Guangdong Guangzhou Daily Media Co Ltd SHE:002181	10.20x	CN¥120.14 Million ≈ $17.58 Million	CN¥11.78 Million	China	CN¥9.46	▼ -3.47%
2258	Wonder Electricals Limited NSE:WEL	10.19x	Rs139.05 Million ≈ $1.50 Million	Rs13.64 Million	India	Rs71.67	▼ -2.01%
2259	International Paper NYSE:IP	10.18x	$611.00 Million	$60.00 Million	USA	$34.05	▼ -0.15%
2260	Integral Diagnostics Ltd AU:IDX	10.18x	AU$51.60 Million ≈ $36.51 Million	AU$5.07 Million	Australia	AU$2.11	▲ +0.00%
2261	Malton Bhd KLSE:6181	10.17x	RM34.39 Million ≈ $8.63 Million	RM3.38 Million	Malaysia	RM0.21	▲ +0.00%
2262	Millennium Group International Holdings Limited Ordinary Shares NASDAQ:MGIH	10.17x	$9.84 Million	$967.62K	USA	$1.36	▼ -2.86%
2263	United States Cellular Corporation NYSE:USM	10.16x	$325.00 Million	$32.00 Million	USA	$9.70	▲ +0.53%
2264	Med Life SA RO:M	10.15x	RON73.52 Million ≈ $16.88 Million	RON7.24 Million	Romania	RON11.42	▼ -0.35%
2265	Consus Enerji Isletmeciligi ve Hizmetleri AS IS:CONSE	10.15x	TL367.12 Million ≈ $8.22 Million	TL36.18 Million	Turkey	TL1.55	▼ -3.73%
2266	Tuas Ltd AU:TUA	10.13x	AU$39.35 Million ≈ $27.84 Million	AU$3.88 Million	Australia	AU$1.64	▲ +6.15%
2267	Pearl Diver Credit Company Inc. NYSE:PDCC	10.13x	$35.55 Million	$3.51 Million	USA	$7.75	▼ -4.08%
2268	OPUS GLOBAL Nyrt BUD:OPUS	10.13x	Ft53.03 Billion ≈ $164.65 Million	Ft5.23 Billion	Hungary	Ft213.00	▼ -1.39%
2269	Transcat Inc NASDAQ:TRNS	10.13x	$12.86 Million	$1.27 Million	USA	$80.35	▼ -2.74%
2270	SAMPYO Cement Co. Ltd KQ:038500	10.13x	₩46.57 Billion ≈ $31.56 Million	₩4.60 Billion	Korea	₩6110.00	▲ +0.83%
2271	Fujian Dongbai Group Co Ltd SHG:600693	10.12x	CN¥166.95 Million ≈ $24.43 Million	CN¥16.49 Million	China	CN¥9.87	▼ -10.03%
2272	Inotiv Inc NASDAQ:NOTV	10.12x	$3.69 Million	$365.00K	USA	$0.04	▼ -28.00%
2273	Inotiv, Inc. NASDAQ:NOTVQ	10.12x	$3.69 Million	$365.00K	USA	$0.01	▲ +0.00%
2274	Eagle Plains Resources Ltd. V:EPL	10.09x	CA$711.00K ≈ $514.33K	CA$70.49K	Canada	CA$0.19	▲ +5.71%
2275	Sejahteraraya Anugrahjaya Tbk JK:SRAJ	10.07x	Rp49.35 Billion ≈ $2.89 Million	Rp4.90 Billion	Indonesia	Rp11050.00	▼ -15.00%
2276	Madhav Copper Limited NSE:MCL	10.07x	Rs84.42 Million ≈ $913.00K	Rs8.39 Million	India	Rs53.55	▼ -1.03%
2277	Kakel Max AB (publ) ST:KAKEL	10.06x	Skr10.36 Million ≈ $1.11 Million	Skr1.03 Million	Sweden	Skr10.80	▲ +1.89%
2278	WEIHAI CITY COMM.BK H 1 F:8K0	10.06x	€22.67 Billion ≈ $26.50 Billion	€2.25 Billion	Germany	€0.32	▲ +0.00%
2279	Iskenderun Demir ve Celik AS IS:ISDMR	10.06x	TL20.26 Billion ≈ $453.76 Million	TL2.01 Billion	Turkey	TL58.65	▼ -4.24%
2280	Komarkcorp Bhd KLSE:7017	10.06x	RM3.05 Million ≈ $765.25K	RM303.00K	Malaysia	RM0.07	▲ +0.00%
2281	Prakash Steelage Limited NSE:PRAKASHSTL	10.05x	Rs47.01 Million ≈ $508.37K	Rs4.68 Million	India	Rs3.40	▼ -0.87%
2282	Speed Tech TWO:5457	10.05x	NT$2.15 Billion ≈ $67.73 Million	NT$213.99 Million	Taiwan	NT$23.30	▲ +1.97%
2283	Zhejiang Dafeng Industrial Co Ltd SHG:603081	10.04x	CN¥169.63 Million ≈ $24.82 Million	CN¥16.89 Million	China	CN¥9.25	▲ +0.65%
2284	Mahindra Holidays & Resorts India Limited NSE:MHRIL	10.03x	Rs2.58 Billion ≈ $27.92 Million	Rs257.25 Million	India	Rs200.97	▲ +0.75%
2285	Avis Budget Group Inc NASDAQ:CAR	10.03x	$632.00 Million	$63.00 Million	USA	$102.83	▼ -6.32%
2286	Innergex Renewable Energy Inc. TO:INE	10.02x	CA$292.17 Million ≈ $211.35 Million	CA$29.16 Million	Canada	CA$13.74	▲ +0.00%
2287	Utron Ltd TA:UTRN	10.00x	ILA7.05 Million ≈ $18.89K	ILA704.50K	Israel	ILA493.00	▲ +0.00%
2288	Microsemi Corporation F:MS7	10.00x	€123.00 Million ≈ $143.80 Million	€12.30 Million	Germany	€5.90	▼ -0.84%
2289	TWO HARBORS INV. DL-0001 F:2H2	10.00x	€117.13 Million ≈ $136.94 Million	€11.72 Million	Germany	€10.47	▲ +0.48%
2290	Maanshan Iron & Steel Company Limited F:YM9A	10.00x	€1.74 Billion ≈ $2.04 Billion	€174.19 Million	Germany	€0.16	▲ +2.61%
2291	Agricore CS Holdings Berhad KLSE:0309	9.98x	RM7.47 Million ≈ $1.88 Million	RM749.00K	Malaysia	RM0.37	▲ +0.00%
2292	Cogra 48 Société Anonyme PA:ALCOG	9.97x	€3.11 Million ≈ $3.64 Million	€311.79K	France	€6.28	▼ -4.56%
2293	Bank BRISyariah Tbk PT JK:BRIS	9.97x	Rp19.93 Trillion ≈ $1.17 Billion	Rp2.00 Trillion	Indonesia	Rp1095.00	▼ -14.79%
2294	Bayfirst Financial Corp NASDAQ:BAFN	9.97x	$97.46 Million	$9.78 Million	USA	$6.20	▼ -2.13%
2295	Estika Tata Tiara Tbk PT JK:BEEF	9.97x	Rp211.18 Billion ≈ $12.37 Million	Rp21.18 Billion	Indonesia	Rp352.00	▼ -14.56%
2296	NTPC Limited NSE:NTPC	9.97x	Rs504.91 Billion ≈ $5.46 Billion	Rs50.67 Billion	India	Rs315.15	▲ +0.16%
2297	Berentzen Gruppe AG XETRA:BEZ	9.96x	€17.59 Million ≈ $20.57 Million	€1.77 Million	Germany	€6.00	▲ +1.69%
2298	Zinus Inc KO:013890	9.96x	₩75.39 Billion ≈ $51.09 Million	₩7.57 Billion	Korea	₩6330.00	▲ +2.10%
2299	Ctek AB ST:CTEK	9.96x	Skr130.50 Million ≈ $14.04 Million	Skr13.10 Million	Sweden	Skr13.42	▲ +1.05%
2300	Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd SHE:002100	9.96x	CN¥731.55 Million ≈ $107.05 Million	CN¥73.46 Million	China	CN¥7.66	▲ +5.22%

How Companies Are Ranked by Cash Flow Quality Index

Companies are ranked by cash flow quality index, calculated as operating cash flow divided by net income, using each company's latest reported financial statements.