ALPHA (0303) — Cash Flow Quality Index
Latest as of November 2025:
0.92x
ALPHA (0303) has a Cash Flow Quality Index of 0.92x as of November 2025. Operating cash flow of RM11.01 Million is below net income of RM12.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore ALPHA (0303) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.92x
Operating CF / Net Income
Operating Cash Flow
RM11.01 Million
MYR
Net Income
RM12.00 Million
MYR
Data as of
Nov 2025
Most recent filing
ALPHA Cash Flow Quality Index (2020–2025)
Historical Cash Flow Quality Index for ALPHA across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 0303 operating cash flow.
Annual Cash Flow Quality Index for ALPHA (2020–2025)
Year-by-year earnings quality comparison for ALPHA.
| Year | Quality Index | Operating CF (MYR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.96x | RM54.91 Million | RM57.45 Million | ▼ -14.3% |
| 2024 | 1.12x | RM59.05 Million | RM52.93 Million | ▼ -2.0% |
| 2023 | 1.14x | RM60.61 Million | RM53.24 Million | ▼ -52.6% |
| 2022 | 2.40x | RM34.32 Million | RM14.31 Million | ▼ -74.9% |
| 2020 | 9.57x | RM23.63 Million | RM2.47 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.