Millennium Group International Holdings Limited Ordinary Shares (MGIH) — Cash Flow Quality Index

Latest as of December 2022: 10.17x

Millennium Group International Holdings Limited Ordinary Shares (MGIH) has a Cash Flow Quality Index of 10.17x as of December 2022. Operating cash flow of $9.84 Million exceeds net income of $967.62K, indicating high earnings quality where cash backs reported profits. Also explore MGIH current and non-current assets for the complete picture of this company's asset base.

Cash Flow Quality Index

10.17x
Operating CF / Net Income

Operating Cash Flow

$9.84 Million
USD

Net Income

$967.62K
USD

Data as of

Dec 2022
Most recent filing

Millennium Group International Holdings Limited Ordinary Shares Cash Flow Quality Index (2020–2022)

Historical Cash Flow Quality Index for Millennium Group International Holdings Limited Ordinary Shares across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Millennium Group International Holdings to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Millennium Group International Holdings Limited Ordinary Shares (2020–2022)

Year-by-year earnings quality comparison for Millennium Group International Holdings Limited Ordinary Shares. For live market cap and the full company financial profile, see Millennium Group International Holdings stock valuation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2022 0.50x $2.04 Million $4.08 Million ▼ -65.7%
2021 1.46x $5.34 Million $3.67 Million ▲ +29.8%
2020 1.12x $4.49 Million $4.00 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.