Highway Holdings Limited (HIHO) — Cash Flow Quality Index
Highway Holdings Limited (HIHO) has a Cash Flow Quality Index of 3.22x as of March 2018. Operating cash flow of $2.39 Million exceeds net income of $742.00K, indicating high earnings quality where cash backs reported profits. Explore HIHO debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Highway Holdings Limited Cash Flow Quality Index (1997–2025)
Historical Cash Flow Quality Index for Highway Holdings Limited across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Highway Holdings Limited.
Annual Cash Flow Quality Index for Highway Holdings Limited (1997–2025)
Year-by-year earnings quality comparison for Highway Holdings Limited.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | -3.30x | $-360.00K | $109.00K | ▼ -840.5% |
| 2022 | -0.35x | $-164.00K | $467.00K | ▼ -154.6% |
| 2020 | 0.64x | $442.00K | $687.00K | ▼ -58.0% |
| 2018 | 1.53x | $2.39 Million | $1.56 Million | ▼ -63.9% |
| 2017 | 4.24x | $2.22 Million | $525.00K | ▲ +326.3% |
| 2016 | 0.99x | $1.26 Million | $1.26 Million | ▼ -73.1% |
| 2015 | 3.69x | $4.22 Million | $1.14 Million | ▲ +33.4% |
| 2014 | 2.77x | $1.65 Million | $595.00K | ▲ +1809.0% |
| 2013 | 0.15x | $65.00K | $448.00K | ▼ -95.9% |
| 2012 | 3.50x | $644.00K | $184.00K | ▲ +184.2% |
| 2011 | 1.23x | $2.00 Million | $1.63 Million | ▼ -71.8% |
| 2010 | 4.37x | $1.75 Million | $400.00K | ▲ +67.2% |
| 2009 | 2.61x | $2.00 Million | $768.00K | ▼ -6.3% |
| 2007 | 2.79x | $1.66 Million | $594.00K | ▼ -91.1% |
| 2006 | 31.31x | $1.31 Million | $42.00K | ▲ +1984.5% |
| 2004 | 1.50x | $1.48 Million | $982.00K | ▼ -44.9% |
| 2003 | 2.72x | $1.32 Million | $485.00K | ▲ +10.7% |
| 1999 | 2.46x | $3.20 Million | $1.30 Million | ▲ +1166.7% |
| 1998 | -0.23x | $-300.00K | $1.30 Million | ▼ -125.2% |
| 1997 | 0.92x | $1.10 Million | $1.20 Million | — |