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 long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
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. Check First National Corp tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for First National Corp (1995–2025)
Year-by-year earnings quality comparison for First National Corp. For live market cap and the full company financial profile, see market value of 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 | — |