First National Corp (FXNC) — Cash Flow Quality Index
First National Corp (FXNC) has a Cash Flow Quality Index of 1.55x as of December 2025. Operating cash flow of $8.52 Million exceeds net income of $5.50 Million, indicating high earnings quality where cash backs reported profits. Explore FXNC operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
First National Corp Cash Flow Quality Index (1995–2025)
Historical Cash Flow Quality Index for First National Corp across 29 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of First National Corp.
Annual Cash Flow Quality Index for First National Corp (1995–2025)
Year-by-year earnings quality comparison for First National Corp.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.42x | $25.19 Million | $17.70 Million | ▲ +144.6% |
| 2024 | -3.19x | $-22.20 Million | $6.97 Million | ▼ -287.2% |
| 2023 | 1.70x | $16.39 Million | $9.62 Million | ▲ +6.8% |
| 2022 | 1.59x | $26.77 Million | $16.80 Million | ▲ +109.8% |
| 2021 | 0.76x | $7.87 Million | $10.36 Million | ▼ -55.4% |
| 2020 | 1.70x | $15.09 Million | $8.86 Million | ▲ +37.4% |
| 2019 | 1.24x | $11.85 Million | $9.56 Million | ▼ -8.6% |
| 2018 | 1.36x | $13.76 Million | $10.13 Million | ▲ +33.2% |
| 2017 | 1.02x | $6.57 Million | $6.45 Million | ▼ -33.2% |
| 2016 | 1.53x | $9.01 Million | $5.91 Million | ▼ -12.0% |
| 2015 | 1.73x | $4.60 Million | $2.65 Million | ▲ +88.8% |
| 2014 | 0.92x | $7.01 Million | $7.63 Million | ▲ +4.4% |
| 2013 | 0.88x | $8.68 Million | $9.87 Million | ▼ -79.9% |
| 2012 | 4.36x | $12.22 Million | $2.80 Million | ▲ +118.3% |
| 2009 | 2.00x | $4.29 Million | $2.15 Million | ▲ +23.0% |
| 2008 | 1.62x | $6.86 Million | $4.22 Million | ▲ +22.2% |
| 2007 | 1.33x | $7.64 Million | $5.75 Million | ▲ +22.9% |
| 2006 | 1.08x | $6.27 Million | $5.80 Million | ▼ -15.0% |
| 2005 | 1.27x | $6.85 Million | $5.39 Million | ▼ -1.0% |
| 2004 | 1.29x | $5.41 Million | $4.21 Million | ▼ -30.5% |
| 2003 | 1.85x | $6.11 Million | $3.30 Million | ▲ +77.7% |
| 2002 | 1.04x | $3.10 Million | $2.98 Million | ▼ -24.8% |
| 2001 | 1.38x | $3.59 Million | $2.60 Million | ▲ +16.0% |
| 2000 | 1.19x | $2.55 Million | $2.14 Million | ▼ -9.1% |
| 1999 | 1.31x | $2.67 Million | $2.03 Million | ▼ -2.4% |
| 1998 | 1.34x | $2.56 Million | $1.90 Million | ▲ +20.7% |
| 1997 | 1.11x | $1.79 Million | $1.61 Million | ▼ -25.5% |
| 1996 | 1.50x | $2.17 Million | $1.45 Million | ▲ +29.4% |
| 1995 | 1.16x | $1.52 Million | $1.31 Million | — |