Natural Alternatives International (NAII) — Cash Flow Quality Index

Latest as of December 2025: -1.45x

Natural Alternatives International (NAII) has a Cash Flow Quality Index of -1.45x as of December 2025. Operating cash flow of $-6.33 Million is below net income of $4.37 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore debt repayment capacity of Natural Alternatives International to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-1.45x
Operating CF / Net Income

Operating Cash Flow

$-6.33 Million
USD

Net Income

$4.37 Million
USD

Data as of

Dec 2025
Most recent filing

Natural Alternatives International Cash Flow Quality Index (1991–2023)

Historical Cash Flow Quality Index for Natural Alternatives International across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see NAII cash flow metrics.

Annual Cash Flow Quality Index for Natural Alternatives International (1991–2023)

Year-by-year earnings quality comparison for Natural Alternatives International.

Year Quality Index Operating CF (USD) Net Income YoY Change
2023 2.78x $7.02 Million $2.52 Million ▲ +151.2%
2022 1.11x $11.87 Million $10.71 Million ▼ -42.7%
2021 1.93x $20.81 Million $10.77 Million ▲ +92.5%
2019 1.00x $6.56 Million $6.54 Million ▲ +176.5%
2018 0.36x $1.83 Million $5.05 Million ▼ -81.4%
2017 1.95x $14.14 Million $7.24 Million ▲ +100.9%
2016 0.97x $9.29 Million $9.55 Million ▲ +21.5%
2015 0.80x $2.68 Million $3.35 Million ▼ -70.2%
2014 2.68x $5.35 Million $1.99 Million ▼ -5.8%
2013 2.85x $4.47 Million $1.57 Million ▲ +584.3%
2012 0.42x $1.73 Million $4.16 Million ▼ -77.0%
2011 1.81x $9.09 Million $5.01 Million ▲ +1.5%
2010 1.79x $7.09 Million $3.97 Million ▼ -39.4%
2008 2.95x $2.69 Million $912.00K ▲ +306.2%
2006 -1.43x $-3.82 Million $2.67 Million ▼ -224.8%
2005 1.15x $2.52 Million $2.20 Million ▲ +4.6%
2004 1.09x $3.28 Million $3.00 Million ▼ -63.3%
2003 2.98x $3.29 Million $1.10 Million ▲ +140.8%
2002 1.24x $4.80 Million $3.88 Million ▲ +128.3%
1998 0.54x $3.20 Million $5.90 Million ▼ -84.3%
1997 3.45x $3.80 Million $1.10 Million ▲ +905.0%
1996 0.34x $1.10 Million $3.20 Million ▼ -80.4%
1995 1.75x $3.50 Million $2.00 Million ▲ +321.7%
1994 -0.79x $-1.50 Million $1.90 Million ▼ -143.9%
1993 1.80x $1.80 Million $1.00 Million ▲ +260.0%
1992 0.50x $400.00K $800.00K ▼ -62.5%
1991 1.33x $400.00K $300.00K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.