First Tractor Company Limited (FTP) — Cash Flow Quality Index
First Tractor Company Limited (FTP) has a Cash Flow Quality Index of 2.98x as of June 2023. Operating cash flow of €799.78 Million exceeds net income of €268.41 Million, indicating high earnings quality where cash backs reported profits. Explore First Tractor Company Limited (FTP) cash conversion ratio to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
First Tractor Company Limited Cash Flow Quality Index (2013–2024)
Historical Cash Flow Quality Index for First Tractor Company Limited across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check First Tractor Company Limited (FTP) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for First Tractor Company Limited (2013–2024)
Year-by-year earnings quality comparison for First Tractor Company Limited. For live market cap and the full company financial profile, see First Tractor Company Limited (FTP) total market value.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.32x | €1.22 Billion | €922.02 Million | ▲ +24.5% |
| 2023 | 1.06x | €1.06 Billion | €997.02 Million | ▼ -80.0% |
| 2022 | 5.29x | €3.60 Billion | €681.05 Million | ▲ +298.0% |
| 2021 | 1.33x | €582.28 Million | €438.21 Million | ▼ -70.2% |
| 2020 | 4.46x | €1.25 Billion | €280.15 Million | ▼ -17.1% |
| 2019 | 5.38x | €330.73 Million | €61.48 Million | ▲ +154.7% |
| 2017 | -9.84x | €-556.31 Million | €56.51 Million | ▼ -205.0% |
| 2016 | 9.37x | €2.09 Billion | €223.37 Million | ▲ +98.8% |
| 2015 | 4.71x | €637.80 Million | €135.32 Million | ▲ +955.7% |
| 2014 | 0.45x | €74.87 Million | €167.70 Million | ▲ +171.6% |
| 2013 | -0.62x | €-141.52 Million | €227.08 Million | — |