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 Kernel Holding SA cash conversion from operations to assess how effectively this company generates cash.

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. Check 0KE cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Kernel Holding SA (2015–2024)

Year-by-year earnings quality comparison for Kernel Holding SA. For live market cap and the full company financial profile, see 0KE stock market capitalisation.

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.