Magic Empire Global Limited Cash Flow Quality Index
Magic Empire Global Limited cash flow quality index. Magic Empire Global Limited (MEGL) has a Cash Flow Quality Index of -1.37x as of June 2023. Operating cash flow of $-996.80K is below net income of $727.19K, suggesting accrual-heavy earnings not yet converted to cash. See Magic Empire Global Limited free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Magic Empire Global Limited (2019–2021)
Cash flow quality index of Magic Empire Global Limited from 2019 to 2021. Historical Cash Flow Quality Index for Magic Empire Global Limited across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore Magic Empire Global Limited cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Magic Empire Global Limited Cash Flow Quality Index by Year (2019–2021)
Magic Empire Global Limited cash flow quality index by year from 2019 to 2021. Year-by-year earnings quality comparison for Magic Empire Global Limited. For the full cash flow conversion analysis, see how efficiently does Magic Empire Global Limited generate cash.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2021 | 0.44x | $678.65K | $1.54 Million | ▲ +146.4% |
| 2020 | -0.95x | $-3.99 Million | $4.20 Million | ▼ -218.8% |
| 2019 | 0.80x | $8.00 Million | $10.01 Million | — |