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 how much of AVE S.A.'s assets are long-term investments to see how much of total assets are deployed in long-term investments.

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 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

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 market cap.

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.