Nova EYE Medical Ltd (EYE) — Cash Flow Quality Index

Latest as of September 2020: -0.18x

Nova EYE Medical Ltd (EYE) has a Cash Flow Quality Index of -0.18x as of September 2020. Operating cash flow of AU$-1.58 Million is below net income of AU$8.91 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore EYE current and non-current assets for the complete picture of this company's asset base.

Cash Flow Quality Index

-0.18x
Operating CF / Net Income

Operating Cash Flow

AU$-1.58 Million
AUD

Net Income

AU$8.91 Million
AUD

Data as of

Sep 2020
Most recent filing

Nova EYE Medical Ltd Cash Flow Quality Index (1995–2016)

Historical Cash Flow Quality Index for Nova EYE Medical Ltd across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Nova EYE Medical Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Nova EYE Medical Ltd (1995–2016)

Year-by-year earnings quality comparison for Nova EYE Medical Ltd. For live market cap and the full company financial profile, see how much is Nova EYE Medical Ltd worth.

Year Quality Index Operating CF (AUD) Net Income YoY Change
2016 1.72x AU$5.22 Million AU$3.03 Million ▼ -58.0%
2015 4.10x AU$6.89 Million AU$1.68 Million ▲ +19.5%
2014 3.43x AU$2.70 Million AU$788.00K ▲ +71.9%
2012 2.00x AU$1.84 Million AU$920.00K ▲ +62.7%
2010 1.23x AU$4.69 Million AU$3.82 Million ▲ +589.9%
2008 -0.25x AU$-1.19 Million AU$4.75 Million ▼ -155.4%
2007 0.45x AU$1.93 Million AU$4.27 Million ▲ +91.9%
2006 0.24x AU$871.00K AU$3.69 Million ▼ -85.9%
2003 1.67x AU$2.73 Million AU$1.63 Million ▲ +351.8%
1995 -0.66x AU$-83.00K AU$125.00K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.