Aspire BioPharma, Inc. (ASBP) — Cash Flow Quality Index

Latest as of June 2023: -0.10x

Aspire BioPharma, Inc. (ASBP) has a Cash Flow Quality Index of -0.10x as of June 2023. Operating cash flow of $-189.95K is below net income of $1.81 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore ASBP debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.10x
Operating CF / Net Income

Operating Cash Flow

$-189.95K
USD

Net Income

$1.81 Million
USD

Data as of

Jun 2023
Most recent filing

Aspire BioPharma, Inc. Cash Flow Quality Index (2022–2023)

Historical Cash Flow Quality Index for Aspire BioPharma, Inc. across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see ASBP cash flow metrics.

Annual Cash Flow Quality Index for Aspire BioPharma, Inc. (2022–2023)

Year-by-year earnings quality comparison for Aspire BioPharma, Inc..

Year Quality Index Operating CF (USD) Net Income YoY Change
2023 -0.15x $-653.11K $4.46 Million ▲ +65.3%
2022 -0.42x $-1.41 Million $3.34 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.