Highcom Ltd (HCL) — Cash Flow Quality Index

Latest as of June 2023: -4.29x

Highcom Ltd (HCL) has a Cash Flow Quality Index of -4.29x as of June 2023. Operating cash flow of AU$-26.31 Million is below net income of AU$6.13 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore HCL debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-4.29x
Operating CF / Net Income

Operating Cash Flow

AU$-26.31 Million
AUD

Net Income

AU$6.13 Million
AUD

Data as of

Jun 2023
Most recent filing

Highcom Ltd Cash Flow Quality Index (2022–2023)

Historical Cash Flow Quality Index for Highcom Ltd across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Highcom Ltd (HCL) cash conversion ratio.

Annual Cash Flow Quality Index for Highcom Ltd (2022–2023)

Year-by-year earnings quality comparison for Highcom Ltd.

Year Quality Index Operating CF (AUD) Net Income YoY Change
2023 -4.29x AU$-26.31 Million AU$6.13 Million ▼ -194.8%
2022 4.52x AU$25.96 Million AU$5.74 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.