Avecho Biotechnology Ltd (AVE) — Cash Flow Quality Index

Latest as of June 2019: 1.14x

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 Avecho Biotechnology Ltd cash flow conversion to assess how effectively this company generates cash.

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

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. Check AVE cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

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

Year-by-year earnings quality comparison for Avecho Biotechnology Ltd. For live market cap and the full company financial profile, see AVE company net worth.

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.