AVE S.A. (AVE) — Cash Flow Quality Index

Latest as of December 2020: -1.82x

AVE S.A. (AVE) has a Cash Flow Quality Index of -1.82x as of December 2020. Operating cash flow of €-4.23 Million is below net income of €2.32 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore AVE S.A. cash flow conversion to assess how effectively this company generates cash.

Cash Flow Quality Index

-1.82x
Operating CF / Net Income

Operating Cash Flow

€-4.23 Million
EUR

Net Income

€2.32 Million
EUR

Data as of

Dec 2020
Most recent filing

AVE S.A. Cash Flow Quality Index (2020–2020)

Historical Cash Flow Quality Index for AVE S.A. across 1 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check AVE cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for AVE S.A. (2020–2020)

Year-by-year earnings quality comparison for AVE S.A.. For live market cap and the full company financial profile, see AVE company net worth.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2020 -1.21x €-6.22 Million €5.12 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.