Magic Empire Global Limited (MEGL) — 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. Explore MEGL operating cash flow to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Magic Empire Global Limited Cash Flow Quality Index (2019–2021)
Historical Cash Flow Quality Index for Magic Empire Global Limited across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Magic Empire Global Limited (MEGL) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Magic Empire Global Limited (2019–2021)
Year-by-year earnings quality comparison for Magic Empire Global Limited. For live market cap and the full company financial profile, see Magic Empire Global Limited stock valuation.
| 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 | — |