Avecho Biotechnology Ltd (AVE) — Cash Flow Quality Index
Avecho Biotechnology Ltd (AVE) has a Cash Flow Quality Index of 1.14x as of June 2019. Operating cash flow of AU$2.62 Million exceeds net income of AU$2.31 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Avecho Biotechnology Ltd service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Avecho Biotechnology Ltd Cash Flow Quality Index (1993–2019)
Historical Cash Flow Quality Index for Avecho Biotechnology Ltd across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Avecho Biotechnology Ltd.
Annual Cash Flow Quality Index for Avecho Biotechnology Ltd (1993–2019)
Year-by-year earnings quality comparison for Avecho Biotechnology Ltd.
| Year | Quality Index | Operating CF (AUD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2019 | 1.40x | AU$1.19 Million | AU$849.96K | ▲ +116.6% |
| 2011 | -8.40x | AU$-9.29 Million | AU$1.11 Million | ▼ -1152.6% |
| 1999 | -0.67x | AU$-337.79K | AU$503.57K | ▼ -724.9% |
| 1995 | -0.08x | AU$-1.43 Million | AU$17.62 Million | ▼ -388.5% |
| 1993 | 0.03x | AU$23.00K | AU$816.00K | — |