ImmunoPrecise Antibodies Ltd. (HYFT) — Cash Flow Quality Index

Latest as of October 2016: 0.11x

ImmunoPrecise Antibodies Ltd. (HYFT) has a Cash Flow Quality Index of 0.11x as of October 2016. Operating cash flow of $11.17K is below net income of $101.16K, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can ImmunoPrecise Antibodies Ltd. service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.11x
Operating CF / Net Income

Operating Cash Flow

$11.17K
USD

Net Income

$101.16K
USD

Data as of

Oct 2016
Most recent filing

ImmunoPrecise Antibodies Ltd. Cash Flow Quality Index (2006–2016)

Historical Cash Flow Quality Index for ImmunoPrecise Antibodies Ltd. across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of ImmunoPrecise Antibodies Ltd..

Annual Cash Flow Quality Index for ImmunoPrecise Antibodies Ltd. (2006–2016)

Year-by-year earnings quality comparison for ImmunoPrecise Antibodies Ltd..

Year Quality Index Operating CF (USD) Net Income YoY Change
2016 1.88x $284.09K $151.03K ▲ +380.3%
2014 -0.67x $-46.60K $69.44K ▼ -1.0%
2006 -0.66x $-110.59K $166.48K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.