Polar Capital Technology Trust (PCT) — Cash Flow Quality Index
Polar Capital Technology Trust (PCT) has a Cash Flow Quality Index of 0.15x as of October 2025. Operating cash flow of GBX379.21 Million is below net income of GBX2.46 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore PCT operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Polar Capital Technology Trust Cash Flow Quality Index (2012–2025)
Historical Cash Flow Quality Index for Polar Capital Technology Trust across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see PCT cash flow metrics.
Annual Cash Flow Quality Index for Polar Capital Technology Trust (2012–2025)
Year-by-year earnings quality comparison for Polar Capital Technology Trust.
| Year | Quality Index | Operating CF (GBX) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.46x | GBX175.75 Million | GBX120.72 Million | ▲ +17346.5% |
| 2024 | 0.01x | GBX9.31 Million | GBX1.12 Billion | ▼ -96.5% |
| 2023 | 0.24x | GBX121.20 Million | GBX510.91 Million | ▲ +596.3% |
| 2021 | 0.03x | GBX36.32 Million | GBX1.07 Billion | ▲ +118.9% |
| 2020 | -0.18x | GBX-65.36 Million | GBX361.94 Million | ▼ -196.3% |
| 2019 | 0.19x | GBX72.28 Million | GBX385.46 Million | ▲ +96.3% |
| 2018 | 0.10x | GBX27.32 Million | GBX286.01 Million | ▲ +338.7% |
| 2017 | -0.04x | GBX-18.05 Million | GBX451.07 Million | ▼ -102.3% |
| 2016 | 1.74x | GBX15.44 Million | GBX8.87 Million | ▲ +2595.6% |
| 2015 | -0.07x | GBX-13.07 Million | GBX187.27 Million | ▼ -672.7% |
| 2014 | 0.01x | GBX719.00K | GBX59.02 Million | ▲ +107.6% |
| 2013 | -0.16x | GBX-4.29 Million | GBX26.82 Million | ▼ -1404.9% |
| 2012 | -0.01x | GBX-339.00K | GBX31.87 Million | — |