BitVentures Limited (BVC) — Cash Flow Quality Index

Latest as of June 2021: 1.57x

BitVentures Limited (BVC) has a Cash Flow Quality Index of 1.57x as of June 2021. Operating cash flow of $50.43 Million exceeds net income of $32.12 Million, indicating high earnings quality where cash backs reported profits. Explore how well can BitVentures Limited service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.57x
Operating CF / Net Income

Operating Cash Flow

$50.43 Million
USD

Net Income

$32.12 Million
USD

Data as of

Jun 2021
Most recent filing

BitVentures Limited Cash Flow Quality Index (2018–2021)

Historical Cash Flow Quality Index for BitVentures Limited 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 BitVentures Limited.

Annual Cash Flow Quality Index for BitVentures Limited (2018–2021)

Year-by-year earnings quality comparison for BitVentures Limited.

Year Quality Index Operating CF (USD) Net Income YoY Change
2021 1.57x $50.43 Million $32.12 Million ▲ +25.1%
2020 1.25x $133.70 Million $106.54 Million ▼ -44.0%
2019 2.24x $138.67 Million $61.87 Million ▼ -55.3%
2018 5.01x $214.69 Million $42.82 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.