Ayo Technology Solutions Ltd (AYO) — Cash Flow Quality Index

Latest as of February 2020: -0.37x

Ayo Technology Solutions Ltd (AYO) has a Cash Flow Quality Index of -0.37x as of February 2020. Operating cash flow of ZAC-45.72 Million is below net income of ZAC122.84 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore AYO operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.37x
Operating CF / Net Income

Operating Cash Flow

ZAC-45.72 Million
ZAC

Net Income

ZAC122.84 Million
ZAC

Data as of

Feb 2020
Most recent filing

Ayo Technology Solutions Ltd Cash Flow Quality Index (2015–2020)

Historical Cash Flow Quality Index for Ayo Technology Solutions Ltd across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Ayo Technology Solutions Ltd (AYO) cash conversion ratio.

Annual Cash Flow Quality Index for Ayo Technology Solutions Ltd (2015–2020)

Year-by-year earnings quality comparison for Ayo Technology Solutions Ltd.

Year Quality Index Operating CF (ZAC) Net Income YoY Change
2020 1.17x ZAC121.24 Million ZAC103.63 Million ▲ +179.5%
2019 0.42x ZAC114.08 Million ZAC272.56 Million ▼ -40.3%
2018 0.70x ZAC137.36 Million ZAC196.00 Million ▼ -30.5%
2017 1.01x ZAC39.99 Million ZAC39.67 Million ▲ +239.6%
2016 0.30x ZAC8.79 Million ZAC29.61 Million ▲ +399.0%
2015 0.06x ZAC1.11 Million ZAC18.62 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.