The a2 Milk Company Ltd Cash Flow Quality Index
The a2 Milk Company Ltd cash flow quality index. The a2 Milk Company Ltd (A2M) has a Cash Flow Quality Index of 0.40x as of June 2026. Operating cash flow of AU$37.93 Million is below net income of AU$95.29 Million, suggesting accrual-heavy earnings not yet converted to cash. See how financially flexible is The a2 Milk Company Ltd to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of The a2 Milk Company Ltd (2011–2026)
Cash flow quality index of The a2 Milk Company Ltd from 2011 to 2026. Historical Cash Flow Quality Index for The a2 Milk Company Ltd across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore The a2 Milk Company Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.
The a2 Milk Company Ltd Cash Flow Quality Index by Year (2011–2026)
The a2 Milk Company Ltd cash flow quality index by year from 2011 to 2026. Year-by-year earnings quality comparison for The a2 Milk Company Ltd. For the full cash flow conversion analysis, see The a2 Milk Company Ltd cash flow conversion.
| Year | Quality Index | Operating CF (AUD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 0.64x | AU$133.04 Million | AU$207.33 Million | ▼ -40.2% |
| 2025 | 1.07x | AU$201.48 Million | AU$187.88 Million | ▼ -29.7% |
| 2024 | 1.53x | AU$255.74 Million | AU$167.58 Million | ▲ +113.4% |
| 2023 | 0.72x | AU$111.28 Million | AU$155.64 Million | ▼ -38.1% |
| 2022 | 1.15x | AU$141.55 Million | AU$122.62 Million | ▲ +4.1% |
| 2021 | 1.11x | AU$89.42 Million | AU$80.66 Million | ▲ +0.1% |
| 2020 | 1.11x | AU$427.41 Million | AU$385.84 Million | ▲ +10.3% |
| 2019 | 1.00x | AU$289.07 Million | AU$287.74 Million | ▼ -14.9% |
| 2018 | 1.18x | AU$231.11 Million | AU$195.68 Million | ▲ +7.1% |
| 2017 | 1.10x | AU$99.94 Million | AU$90.65 Million | ▲ +56.3% |
| 2016 | 0.71x | AU$21.47 Million | AU$30.44 Million | ▼ -98.4% |
| 2014 | 43.50x | AU$435.00K | AU$10.00K | ▲ +4814.2% |
| 2013 | 0.89x | AU$3.65 Million | AU$4.12 Million | ▲ +4331.0% |
| 2012 | 0.02x | AU$88.00K | AU$4.41 Million | ▼ -97.1% |
| 2011 | 0.68x | AU$1.44 Million | AU$2.12 Million | — |