Nova EYE Medical Ltd (EYE) — Cash Flow Quality Index
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. Explore EYE operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see Nova EYE Medical Ltd (EYE) cash conversion ratio.
Annual Cash Flow Quality Index for Nova EYE Medical Ltd (1995–2016)
Year-by-year earnings quality comparison for Nova EYE Medical Ltd.
| 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 | — |