Formetal Co. Ltd (119500) — Cash Flow Quality Index
Latest as of June 2026:
-1.09x
Formetal Co. Ltd (119500) has a Cash Flow Quality Index of -1.09x as of June 2026. Operating cash flow of ₩-649.96 Million is below net income of ₩596.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 119500 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
-1.09x
Operating CF / Net Income
Operating Cash Flow
₩-649.96 Million
KRW
Net Income
₩596.00 Million
KRW
Data as of
Jun 2026
Most recent filing
Formetal Co. Ltd Cash Flow Quality Index (2014–2025)
Historical Cash Flow Quality Index for Formetal Co. Ltd across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 119500 cash flow conversion.
Annual Cash Flow Quality Index for Formetal Co. Ltd (2014–2025)
Year-by-year earnings quality comparison for Formetal Co. Ltd.
| Year | Quality Index | Operating CF (KRW) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.26x | ₩4.88 Billion | ₩2.16 Billion | ▼ -48.4% |
| 2024 | 4.38x | ₩6.86 Billion | ₩1.57 Billion | ▲ +120.4% |
| 2023 | 1.99x | ₩3.79 Billion | ₩1.91 Billion | ▲ +24.8% |
| 2022 | 1.59x | ₩2.75 Billion | ₩1.73 Billion | ▲ +299.0% |
| 2021 | 0.40x | ₩803.21 Million | ₩2.01 Billion | ▼ -83.3% |
| 2020 | 2.39x | ₩4.23 Billion | ₩1.77 Billion | ▲ +36.6% |
| 2019 | 1.75x | ₩3.86 Billion | ₩2.20 Billion | ▲ +11.4% |
| 2018 | 1.57x | ₩3.29 Billion | ₩2.09 Billion | ▲ +11.4% |
| 2017 | 1.41x | ₩3.46 Billion | ₩2.45 Billion | ▼ -14.5% |
| 2016 | 1.65x | ₩3.11 Billion | ₩1.88 Billion | ▼ -7.6% |
| 2015 | 1.79x | ₩1.55 Billion | ₩866.69 Million | ▼ -57.8% |
| 2014 | 4.23x | ₩1.87 Billion | ₩441.39 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.