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 well can AVE S.A. service its debt to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see cash flow conversion of AVE S.A..
Annual Cash Flow Quality Index for AVE S.A. (2020–2020)
Year-by-year earnings quality comparison for AVE S.A..
| 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.