Kernel Holding SA (0KE) — Cash Flow Quality Index
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 investment intensity of Kernel Holding SA to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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 how tangible is Kernel Holding SA's equity to evaluate the tangible quality of the company's equity base.
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 market cap of 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 | — |