Avecho Biotechnology Ltd Cash Flow Quality Index

Latest as of June 2019: 1.14x

Avecho Biotechnology Ltd 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. See Avecho Biotechnology Ltd (AVE) financial flexibility to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

1.14x
Operating CF / Net Income

Operating Cash Flow

AU$2.62 Million
AUD

Net Income

AU$2.31 Million
AUD

Data as of

Jun 2019
Most recent filing

Cash Flow Quality Index of Avecho Biotechnology Ltd (1993–2019)

Cash flow quality index of Avecho Biotechnology Ltd from 1993 to 2019. Historical Cash Flow Quality Index for Avecho Biotechnology Ltd across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore Avecho Biotechnology Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Avecho Biotechnology Ltd Cash Flow Quality Index by Year (1993–2019)

Avecho Biotechnology Ltd cash flow quality index by year from 1993 to 2019. Year-by-year earnings quality comparison for Avecho Biotechnology Ltd. For the full cash flow conversion analysis, see Avecho Biotechnology Ltd operating cash flow efficiency.

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 —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.