HCW Biologics Inc Cash Flow Quality Index

Latest as of March 2026: -0.45x

HCW Biologics Inc cash flow quality index. HCW Biologics Inc (HCWB) has a Cash Flow Quality Index of -0.45x as of March 2026. Operating cash flow of $-1.58 Million is below net income of $3.47 Million, suggesting accrual-heavy earnings not yet converted to cash. See HCWB financial flexibility index to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

-0.45x

Operating CF / Net Income

Operating Cash Flow

$-1.58 Million

USD

Net Income

$3.47 Million

USD

Data as of

Mar 2026

Most recent filing

HCW Biologics Inc Cash Flow Quality Index by Year (None–None)

HCW Biologics Inc cash flow quality index by year from None to None. Year-by-year earnings quality comparison for HCW Biologics Inc. For the full cash flow conversion analysis, see how efficiently does HCW Biologics Inc generate cash.

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.