Caravelle International Group (HTCO) — Cash Flow Quality Index

Latest as of April 2022: 1.42x

Caravelle International Group (HTCO) has a Cash Flow Quality Index of 1.42x as of April 2022. Operating cash flow of $33.51 Million exceeds net income of $23.62 Million, indicating high earnings quality where cash backs reported profits. Also explore balance sheet size of Caravelle International Group for the complete picture of this company's asset base.

Cash Flow Quality Index

1.42x
Operating CF / Net Income

Operating Cash Flow

$33.51 Million
USD

Net Income

$23.62 Million
USD

Data as of

Apr 2022
Most recent filing

Caravelle International Group Cash Flow Quality Index (2021–2022)

Historical Cash Flow Quality Index for Caravelle International Group across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check HTCO goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Caravelle International Group (2021–2022)

Year-by-year earnings quality comparison for Caravelle International Group. For live market cap and the full company financial profile, see market value of Caravelle International Group.

Year Quality Index Operating CF (USD) Net Income YoY Change
2022 1.40x $33.13 Million $23.60 Million ▲ +2176.9%
2021 0.06x $632.49K $10.26 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.