First United Corporation (FUNC) — Cash Flow Quality Index
First United Corporation (FUNC) has a Cash Flow Quality Index of 0.22x as of September 2025. Operating cash flow of $1.52 Million is below net income of $6.95 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can First United Corporation service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
First United Corporation Cash Flow Quality Index (1991–2024)
Historical Cash Flow Quality Index for First United Corporation across 32 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see First United Corporation (FUNC) cash conversion ratio.
Annual Cash Flow Quality Index for First United Corporation (1991–2024)
Year-by-year earnings quality comparison for First United Corporation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.08x | $22.28 Million | $20.57 Million | ▼ -27.4% |
| 2023 | 1.49x | $22.47 Million | $15.06 Million | ▲ +40.8% |
| 2022 | 1.06x | $26.54 Million | $25.05 Million | ▲ +4.6% |
| 2021 | 1.01x | $20.02 Million | $19.77 Million | ▼ -13.3% |
| 2020 | 1.17x | $16.17 Million | $13.84 Million | ▼ -6.4% |
| 2019 | 1.25x | $16.39 Million | $13.13 Million | ▼ -27.2% |
| 2018 | 1.72x | $18.29 Million | $10.67 Million | ▼ -30.1% |
| 2017 | 2.45x | $12.92 Million | $5.27 Million | ▲ +55.4% |
| 2016 | 1.58x | $11.49 Million | $7.28 Million | ▼ -7.6% |
| 2015 | 1.71x | $22.20 Million | $12.99 Million | ▲ +146.1% |
| 2014 | 0.69x | $3.89 Million | $5.60 Million | ▼ -76.0% |
| 2013 | 2.90x | $18.68 Million | $6.45 Million | ▼ -11.1% |
| 2012 | 3.26x | $15.21 Million | $4.66 Million | ▼ -81.2% |
| 2011 | 17.38x | $63.04 Million | $3.63 Million | ▲ +784.2% |
| 2008 | 1.97x | $17.44 Million | $8.87 Million | ▲ +73.7% |
| 2007 | 1.13x | $14.48 Million | $12.79 Million | ▲ +8.7% |
| 2006 | 1.04x | $13.10 Million | $12.58 Million | ▼ -72.9% |
| 2005 | 3.84x | $46.71 Million | $12.15 Million | ▲ +258.6% |
| 2004 | 1.07x | $8.18 Million | $7.63 Million | ▲ +10.9% |
| 2003 | 0.97x | $10.39 Million | $10.75 Million | ▼ -26.6% |
| 2002 | 1.32x | $12.72 Million | $9.65 Million | ▲ +1999.3% |
| 2001 | -0.07x | $-636.00K | $9.17 Million | ▼ -104.6% |
| 2000 | 1.49x | $12.42 Million | $8.31 Million | ▲ +113.5% |
| 1999 | 0.70x | $5.60 Million | $8.00 Million | ▼ -30.9% |
| 1998 | 1.01x | $7.50 Million | $7.40 Million | ▼ -7.1% |
| 1997 | 1.09x | $7.20 Million | $6.60 Million | ▼ -31.2% |
| 1996 | 1.58x | $10.30 Million | $6.50 Million | ▲ +50.4% |
| 1995 | 1.05x | $5.90 Million | $5.60 Million | ▲ +36.1% |
| 1994 | 0.77x | $4.80 Million | $6.20 Million | ▼ -48.4% |
| 1993 | 1.50x | $9.00 Million | $6.00 Million | ▼ -12.2% |
| 1992 | 1.71x | $9.40 Million | $5.50 Million | ▲ +17.2% |
| 1991 | 1.46x | $7.00 Million | $4.80 Million | — |