TWay Holdings (004870) — Cash Flow Quality Index

Latest as of June 2024: -0.69x

TWay Holdings (004870) has a Cash Flow Quality Index of -0.69x as of June 2024. Operating cash flow of ₩-1.20 Billion is below net income of ₩1.74 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can TWay Holdings service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.69x
Operating CF / Net Income

Operating Cash Flow

₩-1.20 Billion
KRW

Net Income

₩1.74 Billion
KRW

Data as of

Jun 2024
Most recent filing

TWay Holdings Cash Flow Quality Index (2013–2023)

Historical Cash Flow Quality Index for TWay Holdings across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see TWay Holdings cash conversion from operations.

Annual Cash Flow Quality Index for TWay Holdings (2013–2023)

Year-by-year earnings quality comparison for TWay Holdings.

Year Quality Index Operating CF (KRW) Net Income YoY Change
2023 -0.32x ₩-1.44 Billion ₩4.56 Billion ▼ -1298.4%
2022 -0.02x ₩-1.73 Billion ₩76.31 Billion ▼ -102.0%
2018 1.11x ₩27.50 Billion ₩24.84 Billion ▼ -69.6%
2017 3.64x ₩108.14 Billion ₩29.74 Billion ▼ -70.0%
2016 12.12x ₩39.89 Billion ₩3.29 Billion ▼ -16.8%
2015 14.57x ₩32.66 Billion ₩2.24 Billion ▲ +419.5%
2014 2.80x ₩20.18 Billion ₩7.20 Billion ▲ +267.2%
2013 0.76x ₩4.13 Billion ₩5.41 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.