SP Systems Co.Ltd (317830) — Cash Flow Quality Index
SP Systems Co.Ltd (317830) has a Cash Flow Quality Index of -6.77x as of September 2023. Operating cash flow of ₩-3.34 Billion is below net income of ₩493.70 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can SP Systems Co.Ltd 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
SP Systems Co.Ltd Cash Flow Quality Index (2017–2023)
Historical Cash Flow Quality Index for SP Systems Co.Ltd across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see SP Systems Co.Ltd cash flow conversion.
Annual Cash Flow Quality Index for SP Systems Co.Ltd (2017–2023)
Year-by-year earnings quality comparison for SP Systems Co.Ltd.
| Year | Quality Index | Operating CF (KRW) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | -10.66x | ₩-4.47 Billion | ₩419.16 Million | ▼ -601.3% |
| 2022 | 2.13x | ₩3.71 Billion | ₩1.75 Billion | ▼ -88.4% |
| 2020 | 18.31x | ₩5.40 Billion | ₩294.75 Million | ▲ +971.3% |
| 2019 | -2.10x | ₩-2.75 Billion | ₩1.31 Billion | ▼ -445.4% |
| 2018 | 0.61x | ₩1.97 Billion | ₩3.23 Billion | ▼ -63.9% |
| 2017 | 1.68x | ₩2.49 Billion | ₩1.48 Billion | — |