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 long-term investments to assets to see how much of total assets are deployed in long-term investments.
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 MEGL intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
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 MEGL company net worth.
| 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 | — |