FORCS Co.Ltd (189690) — Cash Flow Quality Index
FORCS Co.Ltd (189690) has a Cash Flow Quality Index of 8.03x as of September 2025. Operating cash flow of ₩2.53 Billion exceeds net income of ₩314.90 Million, indicating high earnings quality where cash backs reported profits. Explore 189690 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
FORCS Co.Ltd Cash Flow Quality Index (2014–2025)
Historical Cash Flow Quality Index for FORCS Co.Ltd across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see FORCS Co.Ltd operating cash flow efficiency.
Annual Cash Flow Quality Index for FORCS Co.Ltd (2014–2025)
Year-by-year earnings quality comparison for FORCS Co.Ltd.
| Year | Quality Index | Operating CF (KRW) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.46x | ₩6.65 Billion | ₩4.55 Billion | ▼ -3.8% |
| 2024 | 1.52x | ₩7.17 Billion | ₩4.72 Billion | ▲ +50.1% |
| 2023 | 1.01x | ₩5.31 Billion | ₩5.24 Billion | ▲ +4.8% |
| 2022 | 0.97x | ₩6.35 Billion | ₩6.58 Billion | ▼ -20.6% |
| 2021 | 1.22x | ₩5.17 Billion | ₩4.25 Billion | ▼ -1.6% |
| 2020 | 1.24x | ₩6.34 Billion | ₩5.13 Billion | ▼ -27.0% |
| 2019 | 1.69x | ₩3.19 Billion | ₩1.88 Billion | ▲ +94.8% |
| 2018 | 0.87x | ₩5.50 Billion | ₩6.32 Billion | ▼ -36.9% |
| 2017 | 1.38x | ₩2.86 Billion | ₩2.08 Billion | ▲ +41.4% |
| 2016 | 0.97x | ₩4.15 Billion | ₩4.26 Billion | ▲ +23.1% |
| 2015 | 0.79x | ₩4.00 Billion | ₩5.05 Billion | ▼ -1.7% |
| 2014 | 0.81x | ₩3.34 Billion | ₩4.14 Billion | — |