Abits Group Inc. (ABTS) — Cash Flow Quality Index

Latest as of September 2020: -0.44x

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. Also explore total assets of Abits Group Inc. for the complete picture of this company's asset base.

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

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

Historical Cash Flow Quality Index for Abits Group Inc. across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Abits Group Inc. (ABTS) tangible equity ratio to evaluate the tangible quality of the company's equity base.

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

Year-by-year earnings quality comparison for Abits Group Inc.. For live market cap and the full company financial profile, see Abits Group Inc. market capitalisation.

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.