Global Interactive Technologies, Inc (GITS) — Cash Flow Quality Index

Latest as of December 2023: -3.37x

Global Interactive Technologies, Inc (GITS) has a Cash Flow Quality Index of -3.37x as of December 2023. Operating cash flow of $-3.27 Million is below net income of $971.84K, suggesting accrual-heavy earnings not yet converted to cash. Explore Global Interactive Technologies, Inc cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-3.37x

Operating CF / Net Income

Operating Cash Flow

$-3.27 Million

USD

Net Income

$971.84K

USD

Data as of

Dec 2023

Most recent filing

Annual Cash Flow Quality Index for Global Interactive Technologies, Inc (None–None)

Year-by-year earnings quality comparison for Global Interactive Technologies, Inc.

Year	Quality Index	Operating CF (USD)	Net Income	YoY Change

Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.