Kernel Holding SA (0KE) — Cash Flow Quality Index
Latest as of December 2025:
-7.40x
Kernel Holding SA (0KE) has a Cash Flow Quality Index of -7.40x as of December 2025. Operating cash flow of €-175.51 Million is below net income of €23.71 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 0KE cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
-7.40x
Operating CF / Net Income
Operating Cash Flow
€-175.51 Million
EUR
Net Income
€23.71 Million
EUR
Data as of
Dec 2025
Most recent filing
Kernel Holding SA Cash Flow Quality Index (2015–2024)
Historical Cash Flow Quality Index for Kernel Holding SA across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Kernel Holding SA.
Annual Cash Flow Quality Index for Kernel Holding SA (2015–2024)
Year-by-year earnings quality comparison for Kernel Holding SA.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 2.81x | €472.14 Million | €167.95 Million | ▲ +17.4% |
| 2023 | 2.39x | €716.13 Million | €299.19 Million | ▲ +166.9% |
| 2021 | 0.90x | €459.84 Million | €512.71 Million | ▼ -60.8% |
| 2020 | 2.29x | €269.36 Million | €117.86 Million | ▲ +118.0% |
| 2019 | 1.05x | €198.65 Million | €189.46 Million | ▼ -33.7% |
| 2018 | 1.58x | €82.48 Million | €52.14 Million | ▲ +260.1% |
| 2017 | 0.44x | €77.41 Million | €176.24 Million | ▼ -26.1% |
| 2016 | 0.59x | €133.72 Million | €225.15 Million | ▼ -84.3% |
| 2015 | 3.78x | €404.72 Million | €106.93 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.