Panamax AG (ICP) — Cash Flow Quality Index
Latest as of December 2020:
-0.46x
Panamax AG (ICP) has a Cash Flow Quality Index of -0.46x as of December 2020. Operating cash flow of €-69.27K is below net income of €149.13K, suggesting accrual-heavy earnings not yet converted to cash. Explore ICP debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
-0.46x
Operating CF / Net Income
Operating Cash Flow
€-69.27K
EUR
Net Income
€149.13K
EUR
Data as of
Dec 2020
Most recent filing
Panamax AG Cash Flow Quality Index (2020–2023)
Historical Cash Flow Quality Index for Panamax AG across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see ICP operating cash flow.
Annual Cash Flow Quality Index for Panamax AG (2020–2023)
Year-by-year earnings quality comparison for Panamax AG.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 0.26x | €4.00K | €15.44K | ▲ +114.6% |
| 2020 | -1.78x | €-329.00K | €184.85K | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.