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 cash flow to debt ratio of Magic Empire Global Limited to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see Magic Empire Global Limited (MEGL) cash flow conversion.
Annual Cash Flow Quality Index for Magic Empire Global Limited (2019–2021)
Year-by-year earnings quality comparison for Magic Empire Global Limited.
| 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 | — |