Techfast Holdings Bhd (0084) — Cash Flow Quality Index

Latest as of June 2023: -23.39x

Techfast Holdings Bhd (0084) has a Cash Flow Quality Index of -23.39x as of June 2023. Operating cash flow of RM-9.59 Million is below net income of RM410.00K, suggesting accrual-heavy earnings not yet converted to cash. Explore Techfast Holdings Bhd cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-23.39x
Operating CF / Net Income

Operating Cash Flow

RM-9.59 Million
MYR

Net Income

RM410.00K
MYR

Data as of

Jun 2023
Most recent filing

Techfast Holdings Bhd Cash Flow Quality Index (2015–2020)

Historical Cash Flow Quality Index for Techfast Holdings Bhd across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Techfast Holdings Bhd cash conversion from operations.

Annual Cash Flow Quality Index for Techfast Holdings Bhd (2015–2020)

Year-by-year earnings quality comparison for Techfast Holdings Bhd.

Year Quality Index Operating CF (MYR) Net Income YoY Change
2020 0.63x RM1.31 Million RM2.08 Million ▲ +24.3%
2019 0.51x RM1.78 Million RM3.50 Million ▼ -30.6%
2018 0.73x RM4.10 Million RM5.59 Million ▲ +31.2%
2017 0.56x RM2.84 Million RM5.08 Million ▼ -46.8%
2016 1.05x RM4.99 Million RM4.74 Million ▲ +395.9%
2015 -0.36x RM-1.36 Million RM3.83 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.