Korea Refract (010040) — Cash Flow Quality Index
Latest as of September 2025:
-2.17x
Korea Refract (010040) has a Cash Flow Quality Index of -2.17x as of September 2025. Operating cash flow of ₩-20.30 Billion is below net income of ₩9.37 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Korea Refract service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
-2.17x
Operating CF / Net Income
Operating Cash Flow
₩-20.30 Billion
KRW
Net Income
₩9.37 Billion
KRW
Data as of
Sep 2025
Most recent filing
Korea Refract Cash Flow Quality Index (2010–2024)
Historical Cash Flow Quality Index for Korea Refract across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 010040 cash generation efficiency.
Annual Cash Flow Quality Index for Korea Refract (2010–2024)
Year-by-year earnings quality comparison for Korea Refract.
| Year | Quality Index | Operating CF (KRW) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 3.34x | ₩18.40 Billion | ₩5.51 Billion | ▼ -58.4% |
| 2022 | 8.04x | ₩6.51 Billion | ₩809.21 Million | ▲ +182.8% |
| 2021 | 2.84x | ₩16.16 Billion | ₩5.68 Billion | ▲ +53.6% |
| 2020 | 1.85x | ₩2.73 Billion | ₩1.48 Billion | ▲ +28.2% |
| 2019 | 1.44x | ₩6.19 Billion | ₩4.29 Billion | ▼ -53.7% |
| 2018 | 3.12x | ₩22.32 Billion | ₩7.15 Billion | ▲ +547.3% |
| 2017 | -0.70x | ₩-8.13 Billion | ₩11.64 Billion | ▼ -149.9% |
| 2016 | 1.40x | ₩8.01 Billion | ₩5.73 Billion | ▼ -57.7% |
| 2011 | 3.30x | ₩43.24 Billion | ₩13.10 Billion | ▼ -64.6% |
| 2010 | 9.34x | ₩43.24 Billion | ₩4.63 Billion | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.