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 FTP cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see First Tractor Company Limited cash conversion from operations.
Annual Cash Flow Quality Index for First Tractor Company Limited (2013–2024)
Year-by-year earnings quality comparison for First Tractor Company Limited.
| 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 | — |