Bit Origin Ltd (BTOG) — Cash Flow Quality Index

Latest as of June 2022: -1.85x

Bit Origin Ltd (BTOG) has a Cash Flow Quality Index of -1.85x as of June 2022. Operating cash flow of $-7.15 Million is below net income of $3.87 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore debt repayment capacity of Bit Origin Ltd to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-1.85x
Operating CF / Net Income

Operating Cash Flow

$-7.15 Million
USD

Net Income

$3.87 Million
USD

Data as of

Jun 2022
Most recent filing

Bit Origin Ltd Cash Flow Quality Index (2016–2019)

Historical Cash Flow Quality Index for Bit Origin Ltd across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Bit Origin Ltd.

Annual Cash Flow Quality Index for Bit Origin Ltd (2016–2019)

Year-by-year earnings quality comparison for Bit Origin Ltd.

Year Quality Index Operating CF (USD) Net Income YoY Change
2019 -1.21x $-5.27 Million $4.36 Million ▼ -26.5%
2018 -0.95x $-3.60 Million $3.77 Million ▲ +6.8%
2017 -1.02x $-2.51 Million $2.45 Million ▼ -226.3%
2016 -0.31x $-685.33K $2.18 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.