NOVAREX Co.Ltd (194700) — Cash Flow Quality Index
NOVAREX Co.Ltd (194700) has a Cash Flow Quality Index of 0.72x as of March 2026. Operating cash flow of ₩10.73 Billion is below net income of ₩14.91 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore 194700 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
NOVAREX Co.Ltd Cash Flow Quality Index (2015–2025)
Historical Cash Flow Quality Index for NOVAREX Co.Ltd across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does NOVAREX Co.Ltd generate cash.
Annual Cash Flow Quality Index for NOVAREX Co.Ltd (2015–2025)
Year-by-year earnings quality comparison for NOVAREX Co.Ltd.
| Year | Quality Index | Operating CF (KRW) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.47x | ₩16.65 Billion | ₩35.42 Billion | ▲ +1.3% |
| 2024 | 0.46x | ₩13.31 Billion | ₩28.67 Billion | ▼ -59.6% |
| 2023 | 1.15x | ₩25.30 Billion | ₩22.04 Billion | ▲ +14.1% |
| 2022 | 1.01x | ₩20.11 Billion | ₩19.99 Billion | ▲ +10.1% |
| 2021 | 0.91x | ₩24.13 Billion | ₩26.40 Billion | ▲ +40.5% |
| 2020 | 0.65x | ₩16.26 Billion | ₩25.00 Billion | ▲ +836.1% |
| 2019 | -0.09x | ₩-1.30 Billion | ₩14.71 Billion | ▼ -111.3% |
| 2018 | 0.78x | ₩7.44 Billion | ₩9.49 Billion | ▼ -40.2% |
| 2017 | 1.31x | ₩10.62 Billion | ₩8.10 Billion | ▲ +93.8% |
| 2016 | 0.68x | ₩7.38 Billion | ₩10.90 Billion | ▼ -10.6% |
| 2015 | 0.76x | ₩8.72 Billion | ₩11.52 Billion | — |