Spigen Korea Co. Ltd (192440) — Cash Flow Quality Index
Spigen Korea Co. Ltd (192440) has a Cash Flow Quality Index of 0.78x as of September 2025. Operating cash flow of ₩9.73 Billion is below net income of ₩12.55 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore Spigen Korea Co. Ltd (192440) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Spigen Korea Co. Ltd Cash Flow Quality Index (2014–2024)
Historical Cash Flow Quality Index for Spigen Korea Co. Ltd across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Spigen Korea Co. Ltd cash conversion from operations.
Annual Cash Flow Quality Index for Spigen Korea Co. Ltd (2014–2024)
Year-by-year earnings quality comparison for Spigen Korea Co. Ltd.
| Year | Quality Index | Operating CF (KRW) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.05x | ₩29.41 Billion | ₩27.90 Billion | ▲ +32.2% |
| 2023 | 0.80x | ₩33.44 Billion | ₩41.92 Billion | ▲ +27.3% |
| 2022 | 0.63x | ₩20.69 Billion | ₩33.02 Billion | ▼ -31.9% |
| 2021 | 0.92x | ₩41.59 Billion | ₩45.18 Billion | ▼ -37.7% |
| 2020 | 1.48x | ₩80.09 Billion | ₩54.24 Billion | ▲ +82.6% |
| 2019 | 0.81x | ₩32.62 Billion | ₩40.34 Billion | ▼ -9.1% |
| 2018 | 0.89x | ₩37.99 Billion | ₩42.70 Billion | ▲ +0.7% |
| 2017 | 0.88x | ₩35.92 Billion | ₩40.66 Billion | ▲ +21.0% |
| 2016 | 0.73x | ₩28.16 Billion | ₩38.55 Billion | ▼ -30.7% |
| 2015 | 1.05x | ₩42.76 Billion | ₩40.57 Billion | ▲ +40.6% |
| 2014 | 0.75x | ₩30.45 Billion | ₩40.62 Billion | — |