Elite Education Group International Ltd (EEIQ) — Cash Flow Quality Index

Latest as of June 2020: -0.14x

Elite Education Group International Ltd (EEIQ) has a Cash Flow Quality Index of -0.14x as of June 2020. Operating cash flow of $-36.01K is below net income of $252.89K, suggesting accrual-heavy earnings not yet converted to cash. Explore EEIQ debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.14x
Operating CF / Net Income

Operating Cash Flow

$-36.01K
USD

Net Income

$252.89K
USD

Data as of

Jun 2020
Most recent filing

Elite Education Group International Ltd Cash Flow Quality Index (2017–2020)

Historical Cash Flow Quality Index for Elite Education Group International Ltd across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see EEIQ operating cash flow.

Annual Cash Flow Quality Index for Elite Education Group International Ltd (2017–2020)

Year-by-year earnings quality comparison for Elite Education Group International Ltd.

Year Quality Index Operating CF (USD) Net Income YoY Change
2020 -0.14x $-144.04K $1.01 Million ▼ -106.3%
2019 2.27x $4.67 Million $2.05 Million ▲ +12.3%
2018 2.02x $2.17 Million $1.07 Million ▲ +507.4%
2017 -0.50x $-491.96K $990.23K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.