Nictus (NCS) — Cash Flow Quality Index
Latest as of March 2026:
-10.41x
Nictus (NCS) has a Cash Flow Quality Index of -10.41x as of March 2026. Operating cash flow of ZAC-157.47 Million is below net income of ZAC15.13 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore NCS cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
-10.41x
Operating CF / Net Income
Operating Cash Flow
ZAC-157.47 Million
ZAC
Net Income
ZAC15.13 Million
ZAC
Data as of
Mar 2026
Most recent filing
Nictus Cash Flow Quality Index (2009–2026)
Historical Cash Flow Quality Index for Nictus across 17 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Nictus.
Annual Cash Flow Quality Index for Nictus (2009–2026)
Year-by-year earnings quality comparison for Nictus.
| Year | Quality Index | Operating CF (ZAC) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | -0.05x | ZAC-2.02 Million | ZAC37.06 Million | ▼ -101.7% |
| 2025 | 3.20x | ZAC92.36 Million | ZAC28.88 Million | ▲ +421.3% |
| 2024 | -1.00x | ZAC-10.89 Million | ZAC10.94 Million | ▼ -159.3% |
| 2023 | 1.68x | ZAC17.75 Million | ZAC10.56 Million | ▲ +5360.9% |
| 2022 | 0.03x | ZAC168.00K | ZAC5.46 Million | ▼ -98.5% |
| 2021 | 1.99x | ZAC22.80 Million | ZAC11.46 Million | ▲ +104.9% |
| 2020 | -40.23x | ZAC-43.33 Million | ZAC1.08 Million | ▼ -1567.3% |
| 2019 | -2.41x | ZAC-15.79 Million | ZAC6.54 Million | ▼ -171.9% |
| 2018 | 3.35x | ZAC16.34 Million | ZAC4.87 Million | ▲ +471.9% |
| 2017 | -0.90x | ZAC-6.38 Million | ZAC7.07 Million | ▲ +82.2% |
| 2016 | -5.08x | ZAC-47.20 Million | ZAC9.30 Million | ▼ -290.7% |
| 2015 | 2.66x | ZAC17.93 Million | ZAC6.74 Million | ▼ -89.1% |
| 2014 | 24.33x | ZAC89.20 Million | ZAC3.67 Million | ▲ +1355.8% |
| 2012 | 1.67x | ZAC38.48 Million | ZAC23.03 Million | ▼ -53.8% |
| 2011 | 3.61x | ZAC70.36 Million | ZAC19.47 Million | ▼ -78.7% |
| 2010 | 17.00x | ZAC171.33 Million | ZAC10.08 Million | ▲ +52.5% |
| 2009 | 11.15x | ZAC111.97 Million | ZAC10.04 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.