Alpha Astika Akinita S.A (ASTAK) — Cash Flow Quality Index

Latest as of June 2023: -25.77x

Alpha Astika Akinita S.A (ASTAK) has a Cash Flow Quality Index of -25.77x as of June 2023. Operating cash flow of €-22.33 Million is below net income of €866.71K, suggesting accrual-heavy earnings not yet converted to cash. Explore Alpha Astika Akinita S.A debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-25.77x
Operating CF / Net Income

Operating Cash Flow

€-22.33 Million
EUR

Net Income

€866.71K
EUR

Data as of

Jun 2023
Most recent filing

Alpha Astika Akinita S.A Cash Flow Quality Index (2014–2024)

Historical Cash Flow Quality Index for Alpha Astika Akinita S.A across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Alpha Astika Akinita S.A (ASTAK) cash flow conversion.

Annual Cash Flow Quality Index for Alpha Astika Akinita S.A (2014–2024)

Year-by-year earnings quality comparison for Alpha Astika Akinita S.A.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2024 2.18x €19.49 Million €8.96 Million ▲ +114.5%
2023 -15.03x €-64.39 Million €4.28 Million ▼ -1676.2%
2022 0.95x €4.74 Million €4.97 Million ▼ -39.9%
2021 1.59x €2.65 Million €1.67 Million ▲ +221.4%
2020 0.49x €1.66 Million €3.35 Million ▼ -58.7%
2019 1.20x €3.57 Million €2.98 Million ▲ +106.6%
2018 0.58x €1.79 Million €3.09 Million ▼ -62.2%
2015 1.53x €6.23 Million €4.06 Million ▲ +112.8%
2014 0.72x €2.85 Million €3.95 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.