Moonbae Steel (008420) — Cash Flow Quality Index
Moonbae Steel (008420) has a Cash Flow Quality Index of -2.71x as of September 2025. Operating cash flow of ₩-4.97 Billion is below net income of ₩1.83 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Moonbae Steel service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Moonbae Steel Cash Flow Quality Index (2006–2024)
Historical Cash Flow Quality Index for Moonbae Steel across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Moonbae Steel generate cash.
Annual Cash Flow Quality Index for Moonbae Steel (2006–2024)
Year-by-year earnings quality comparison for Moonbae Steel.
| Year | Quality Index | Operating CF (KRW) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 0.69x | ₩4.59 Billion | ₩6.62 Billion | ▲ +976.4% |
| 2023 | -0.08x | ₩-1.47 Billion | ₩18.56 Billion | ▼ -118.5% |
| 2022 | 0.43x | ₩11.19 Billion | ₩26.22 Billion | ▲ +339.8% |
| 2021 | 0.10x | ₩2.46 Billion | ₩25.38 Billion | ▼ -70.0% |
| 2020 | 0.32x | ₩2.79 Billion | ₩8.61 Billion | ▼ -82.6% |
| 2019 | 1.86x | ₩4.42 Billion | ₩2.37 Billion | ▼ -6.8% |
| 2018 | 2.00x | ₩9.96 Billion | ₩4.98 Billion | ▲ +843.3% |
| 2017 | -0.27x | ₩-2.73 Billion | ₩10.13 Billion | ▼ -123.4% |
| 2016 | 1.15x | ₩8.53 Billion | ₩7.41 Billion | ▲ +12.0% |
| 2015 | 1.03x | ₩5.89 Billion | ₩5.73 Billion | ▼ -75.9% |
| 2014 | 4.26x | ₩11.64 Billion | ₩2.73 Billion | ▲ +392.0% |
| 2013 | 0.87x | ₩4.05 Billion | ₩4.68 Billion | ▼ -71.1% |
| 2010 | 3.00x | ₩13.03 Billion | ₩4.35 Billion | ▲ +2076.3% |
| 2007 | 0.14x | ₩680.36 Million | ₩4.94 Billion | ▼ -97.9% |
| 2006 | 6.52x | ₩30.68 Billion | ₩4.70 Billion | — |