Bavarian Nordic (BAVA) — Cash Flow Quality Index
Bavarian Nordic (BAVA) has a Cash Flow Quality Index of 1.18x as of September 2025. Operating cash flow of Dkr1.29 Billion exceeds net income of Dkr1.09 Billion, indicating high earnings quality where cash backs reported profits. Explore BAVA 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
Bavarian Nordic Cash Flow Quality Index (2002–2025)
Historical Cash Flow Quality Index for Bavarian Nordic across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Bavarian Nordic (BAVA) cash flow conversion.
Annual Cash Flow Quality Index for Bavarian Nordic (2002–2025)
Year-by-year earnings quality comparison for Bavarian Nordic.
| Year | Quality Index | Operating CF (DKK) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.98x | Dkr2.72 Billion | Dkr1.38 Billion | ▲ +0.3% |
| 2024 | 1.97x | Dkr1.95 Billion | Dkr987.98 Million | ▲ +160.1% |
| 2023 | 0.76x | Dkr1.12 Billion | Dkr1.48 Billion | ▼ -63.2% |
| 2020 | 2.06x | Dkr571.91 Million | Dkr277.52 Million | ▲ +73.0% |
| 2017 | 1.19x | Dkr216.06 Million | Dkr181.34 Million | ▼ -86.4% |
| 2016 | 8.75x | Dkr267.60 Million | Dkr30.60 Million | ▲ +393.4% |
| 2015 | 1.77x | Dkr105.32 Million | Dkr59.43 Million | ▼ -91.3% |
| 2014 | 20.31x | Dkr338.75 Million | Dkr16.68 Million | ▲ +361.5% |
| 2013 | 4.40x | Dkr147.08 Million | Dkr33.41 Million | ▲ +316596.4% |
| 2003 | 0.00x | Dkr209.27K | Dkr150.56 Million | ▲ +100.7% |
| 2002 | -0.20x | Dkr-13.71 Million | Dkr70.12 Million | — |