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. Explore ABTS operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see cash efficiency ratio of Abits Group Inc..
Annual Cash Flow Quality Index for Abits Group Inc. (2019–2020)
Year-by-year earnings quality comparison for Abits Group Inc..
| 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.