CATHAY PAC.AIRW.HD-20ADR5 (CTYA) — Cash Flow Quality Index
CATHAY PAC.AIRW.HD-20ADR5 (CTYA) has a Cash Flow Quality Index of 2.34x as of December 2025. Operating cash flow of €25.38 Billion exceeds net income of €10.83 Billion, indicating high earnings quality where cash backs reported profits. Explore CATHAY PAC.AIRW.HD-20ADR5 debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
CATHAY PAC.AIRW.HD-20ADR5 Cash Flow Quality Index (2023–2025)
Historical Cash Flow Quality Index for CATHAY PAC.AIRW.HD-20ADR5 across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see CTYA operating cash flow.
Annual Cash Flow Quality Index for CATHAY PAC.AIRW.HD-20ADR5 (2023–2025)
Year-by-year earnings quality comparison for CATHAY PAC.AIRW.HD-20ADR5.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.34x | €25.38 Billion | €10.83 Billion | ▼ -4.3% |
| 2024 | 2.45x | €23.54 Billion | €9.61 Billion | ▼ -15.9% |
| 2023 | 2.91x | €26.41 Billion | €9.07 Billion | — |