Abits Group Inc. Cash Flow Quality Index

Latest as of September 2020: -0.44x

Abits Group Inc. cash flow quality index. Abits Group Inc. (ABTS) has a Cash Flow Quality Index of -0.44x as of September 2020. Operating cash flow of $-34.31K is below net income of $78.40K, suggesting accrual-heavy earnings not yet converted to cash. See ABTS financial flexibility score to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

-0.44x
Operating CF / Net Income

Operating Cash Flow

$-34.31K
USD

Net Income

$78.40K
USD

Data as of

Sep 2020
Most recent filing

Cash Flow Quality Index of Abits Group Inc. (2019–2020)

Cash flow quality index of Abits Group Inc. from 2019 to 2020. Historical Cash Flow Quality Index for Abits Group Inc. across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore ABTS cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Abits Group Inc. Cash Flow Quality Index by Year (2019–2020)

Abits Group Inc. cash flow quality index by year from 2019 to 2020. Year-by-year earnings quality comparison for Abits Group Inc.. For the full cash flow conversion analysis, see Abits Group Inc. operating cash flow efficiency.

Year Quality Index Operating CF (USD) Net Income YoY Change
2020 -23.85x $-1.73 Million $72.72K ▼ -508.4%
2019 -3.92x $-1.18 Million $300.45K —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.