Hana Must SPAC 2 (208370) — Cash Flow Quality Index
Hana Must SPAC 2 (208370) has a Cash Flow Quality Index of 1.65x as of September 2025. Operating cash flow of ₩838.06 Million exceeds net income of ₩508.99 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Hana Must SPAC 2 service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Hana Must SPAC 2 Cash Flow Quality Index (2015–2024)
Historical Cash Flow Quality Index for Hana Must SPAC 2 across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 208370 operating cash flow.
Annual Cash Flow Quality Index for Hana Must SPAC 2 (2015–2024)
Year-by-year earnings quality comparison for Hana Must SPAC 2.
| Year | Quality Index | Operating CF (KRW) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.43x | ₩4.50 Billion | ₩3.15 Billion | ▲ +112.6% |
| 2023 | 0.67x | ₩3.47 Billion | ₩5.17 Billion | ▲ +3403.2% |
| 2022 | 0.02x | ₩50.81 Million | ₩2.65 Billion | ▼ -98.4% |
| 2021 | 1.18x | ₩2.93 Billion | ₩2.47 Billion | ▼ -78.7% |
| 2020 | 5.57x | ₩4.23 Billion | ₩758.70 Million | ▲ +466.0% |
| 2015 | 0.98x | ₩164.29 Million | ₩166.90 Million | — |