Hanover Bancorp Inc (HNVR) — Cash Flow Quality Index
Hanover Bancorp Inc (HNVR) has a Cash Flow Quality Index of 4.54x as of June 2026. Operating cash flow of $18.44 Million exceeds net income of $4.06 Million, indicating high earnings quality where cash backs reported profits. Explore Hanover Bancorp Inc cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Hanover Bancorp Inc Cash Flow Quality Index (2018–2025)
Historical Cash Flow Quality Index for Hanover Bancorp Inc across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Hanover Bancorp Inc (HNVR) cash flow conversion.
Annual Cash Flow Quality Index for Hanover Bancorp Inc (2018–2025)
Year-by-year earnings quality comparison for Hanover Bancorp Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.74x | $13.05 Million | $7.49 Million | ▲ +295.6% |
| 2024 | 0.44x | $5.44 Million | $12.35 Million | ▼ -59.3% |
| 2023 | 1.08x | $16.40 Million | $15.16 Million | ▲ +1.7% |
| 2022 | 1.06x | $25.05 Million | $23.56 Million | ▼ -12.5% |
| 2021 | 1.22x | $13.19 Million | $10.85 Million | ▲ +968.4% |
| 2020 | 0.11x | $566.00K | $4.97 Million | ▼ -88.4% |
| 2019 | 0.98x | $7.96 Million | $8.09 Million | ▼ -43.1% |
| 2018 | 1.73x | $7.96 Million | $4.60 Million | — |