Mingteng International Corporation Inc. Ordinary Shares Cash Flow Quality Index

Latest as of December 2023: 1.45x

Mingteng International Corporation Inc. Ordinary Shares cash flow quality index. Mingteng International Corporation Inc. Ordinary Shares (MTEN) has a Cash Flow Quality Index of 1.45x as of December 2023. Operating cash flow of $1.37 Million exceeds net income of $944.37K, indicating high earnings quality where cash backs reported profits. See financial flexibility index of Mingteng International Corporation Inc. to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

1.45x
Operating CF / Net Income

Operating Cash Flow

$1.37 Million
USD

Net Income

$944.37K
USD

Data as of

Dec 2023
Most recent filing

Cash Flow Quality Index of Mingteng International Corporation Inc. Ordinary Shares (2020–2023)

Cash flow quality index of Mingteng International Corporation Inc. Ordinary Shares from 2020 to 2023. Historical Cash Flow Quality Index for Mingteng International Corporation Inc. Ordinary Shares across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore Mingteng International Corporation Inc. cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Mingteng International Corporation Inc. Ordinary Shares Cash Flow Quality Index by Year (2020–2023)

Mingteng International Corporation Inc. Ordinary Shares cash flow quality index by year from 2020 to 2023. Year-by-year earnings quality comparison for Mingteng International Corporation Inc. Ordinary Shares. For the full cash flow conversion analysis, see Mingteng International Corporation Inc. (MTEN) cash flow conversion.

Year Quality Index Operating CF (USD) Net Income YoY Change
2023 0.86x $1.30 Million $1.51 Million ▼ -35.5%
2022 1.34x $423.64K $316.79K ▲ +132.9%
2021 0.57x $230.90K $402.10K ▲ +4584.6%
2020 -0.01x $-3.65K $284.69K —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.