Magic Empire Global Limited Cash Flow Quality Index

Latest as of June 2023: -1.37x

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

-1.37x
Operating CF / Net Income

Operating Cash Flow

$-996.80K
USD

Net Income

$727.19K
USD

Data as of

Jun 2023
Most recent filing

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 —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.