CTT Correios de Portugal SA (CTT) — Cash Flow Quality Index

Latest as of December 2022: 7.33x

CTT Correios de Portugal SA (CTT) has a Cash Flow Quality Index of 7.33x as of December 2022. Operating cash flow of €59.35 Million exceeds net income of €8.10 Million, indicating high earnings quality where cash backs reported profits. Explore CTT debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

7.33x
Operating CF / Net Income

Operating Cash Flow

€59.35 Million
EUR

Net Income

€8.10 Million
EUR

Data as of

Dec 2022
Most recent filing

CTT Correios de Portugal SA Cash Flow Quality Index (2013–2022)

Historical Cash Flow Quality Index for CTT Correios de Portugal SA across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of CTT Correios de Portugal SA.

Annual Cash Flow Quality Index for CTT Correios de Portugal SA (2013–2022)

Year-by-year earnings quality comparison for CTT Correios de Portugal SA.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2022 4.40x €160.01 Million €36.41 Million ▲ +216.6%
2021 1.39x €53.31 Million €38.40 Million ▼ -91.8%
2020 16.95x €282.99 Million €16.70 Million ▲ +61.6%
2019 10.49x €306.14 Million €29.20 Million ▲ +146.5%
2018 4.25x €91.45 Million €21.50 Million ▼ -60.2%
2017 10.68x €291.08 Million €27.26 Million ▲ +147.4%
2016 4.31x €268.22 Million €62.16 Million ▲ +847.1%
2015 0.46x €32.83 Million €72.07 Million ▼ -80.3%
2014 2.32x €178.71 Million €77.17 Million ▲ +29.1%
2013 1.79x €109.43 Million €61.02 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.