Ming Shing Group Holdings Ltd (MSW) — Cash Flow Quality Index
Ming Shing Group Holdings Ltd (MSW) has a Cash Flow Quality Index of 1.06x as of March 2024. Operating cash flow of $2.46 Million exceeds net income of $2.33 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Ming Shing Group Holdings Ltd service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Ming Shing Group Holdings Ltd Cash Flow Quality Index (2021–2024)
Historical Cash Flow Quality Index for Ming Shing Group Holdings Ltd across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. See net asset quality index of Ming Shing Group Holdings Ltd to measure how much of total assets are equity-financed.
Annual Cash Flow Quality Index for Ming Shing Group Holdings Ltd (2021–2024)
Year-by-year earnings quality comparison for Ming Shing Group Holdings Ltd. For the full cash flow conversion analysis, see Ming Shing Group Holdings Ltd operating cash flow efficiency.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.06x | $2.46 Million | $2.33 Million | ▲ +270.1% |
| 2023 | 0.29x | $795.33K | $2.79 Million | ▲ +439.6% |
| 2022 | -0.08x | $-151.56K | $1.80 Million | ▼ -116.8% |
| 2021 | 0.50x | $636.06K | $1.27 Million | — |