Danish Aerospace Company A/S (DAC) — Cash Flow Quality Index
Danish Aerospace Company A/S (DAC) has a Cash Flow Quality Index of -0.20x as of December 2023. Operating cash flow of Dkr-604.76K is below net income of Dkr3.02 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore DAC cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Danish Aerospace Company A/S Cash Flow Quality Index (2017–2023)
Historical Cash Flow Quality Index for Danish Aerospace Company A/S across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. See Danish Aerospace Company A/S (DAC) net asset quality to measure how much of total assets are equity-financed.
Annual Cash Flow Quality Index for Danish Aerospace Company A/S (2017–2023)
Year-by-year earnings quality comparison for Danish Aerospace Company A/S. For the full cash flow conversion analysis, see Danish Aerospace Company A/S cash flow conversion.
| Year | Quality Index | Operating CF (DKK) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | -4.43x | Dkr-8.94 Million | Dkr2.02 Million | ▼ -80.0% |
| 2022 | -2.46x | Dkr-6.37 Million | Dkr2.59 Million | ▼ -135.6% |
| 2021 | 6.91x | Dkr7.61 Million | Dkr1.10 Million | ▲ +122.1% |
| 2020 | -31.23x | Dkr-7.29 Million | Dkr233.34K | ▼ -1569.6% |
| 2019 | -1.87x | Dkr-1.96 Million | Dkr1.05 Million | ▼ -590.8% |
| 2018 | 0.38x | Dkr364.46K | Dkr956.39K | ▲ +117.3% |
| 2017 | -2.21x | Dkr-1.96 Million | Dkr888.08K | — |