Devolver Digital Inc (DEVO) — Cash Flow Quality Index

Latest as of December 2021: -0.57x

Devolver Digital Inc (DEVO) has a Cash Flow Quality Index of -0.57x as of December 2021. Operating cash flow of GBX-4.36 Million is below net income of GBX7.66 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Devolver Digital Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.57x
Operating CF / Net Income

Operating Cash Flow

GBX-4.36 Million
GBX

Net Income

GBX7.66 Million
GBX

Data as of

Dec 2021
Most recent filing

Devolver Digital Inc Cash Flow Quality Index (2018–2021)

Historical Cash Flow Quality Index for Devolver Digital Inc across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Devolver Digital Inc (DEVO) cash conversion ratio.

Annual Cash Flow Quality Index for Devolver Digital Inc (2018–2021)

Year-by-year earnings quality comparison for Devolver Digital Inc.

Year Quality Index Operating CF (GBX) Net Income YoY Change
2021 -0.49x GBX-15.90 Million GBX32.37 Million ▼ -143.6%
2020 1.13x GBX72.25 Million GBX64.09 Million ▼ -29.2%
2019 1.59x GBX12.51 Million GBX7.86 Million ▼ -28.2%
2018 2.22x GBX7.02 Million GBX3.17 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.