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. Also explore AVE asset base for the complete picture of this company's asset base.

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 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

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 market cap.

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.