Comfort Gloves Bhd (2127) — Cash Flow Quality Index

Latest as of October 2023: -1.55x

Comfort Gloves Bhd (2127) has a Cash Flow Quality Index of -1.55x as of October 2023. Operating cash flow of RM-6.81 Million is below net income of RM4.41 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Comfort Gloves Bhd total assets for the complete picture of this company's asset base.

Cash Flow Quality Index

-1.55x
Operating CF / Net Income

Operating Cash Flow

RM-6.81 Million
MYR

Net Income

RM4.41 Million
MYR

Data as of

Oct 2023
Most recent filing

Comfort Gloves Bhd Cash Flow Quality Index (2006–2022)

Historical Cash Flow Quality Index for Comfort Gloves Bhd across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Comfort Gloves Bhd tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Comfort Gloves Bhd (2006–2022)

Year-by-year earnings quality comparison for Comfort Gloves Bhd. For live market cap and the full company financial profile, see how much is Comfort Gloves Bhd worth.

Year Quality Index Operating CF (MYR) Net Income YoY Change
2022 0.64x RM344.89 Million RM539.17 Million ▼ -11.7%
2021 0.72x RM263.06 Million RM363.32 Million ▼ -59.4%
2020 1.79x RM74.20 Million RM41.56 Million ▲ +489.4%
2019 0.30x RM10.73 Million RM35.44 Million ▼ -57.5%
2018 0.71x RM29.31 Million RM41.12 Million ▼ -19.5%
2017 0.88x RM22.72 Million RM25.67 Million ▲ +145.7%
2016 0.36x RM8.39 Million RM23.29 Million ▲ +197.9%
2015 -0.37x RM-1.48 Million RM4.03 Million ▼ -570.8%
2010 0.08x RM406.25K RM5.20 Million ▼ -96.8%
2006 2.42x RM670.58K RM276.92K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.