New Century Logistics (BVI) Limited Ordinary Shares (NCEW) — Cash Flow Quality Index

Latest as of March 2024: 0.73x

New Century Logistics (BVI) Limited Ordinary Shares (NCEW) has a Cash Flow Quality Index of 0.73x as of March 2024. Operating cash flow of $191.18K is below net income of $263.64K, suggesting accrual-heavy earnings not yet converted to cash. Explore New Century Logistics (BVI) Limited Ordi debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.73x
Operating CF / Net Income

Operating Cash Flow

$191.18K
USD

Net Income

$263.64K
USD

Data as of

Mar 2024
Most recent filing

New Century Logistics (BVI) Limited Ordinary Shares Cash Flow Quality Index (2021–2024)

Historical Cash Flow Quality Index for New Century Logistics (BVI) Limited Ordinary Shares across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see NCEW operating cash flow.

Annual Cash Flow Quality Index for New Century Logistics (BVI) Limited Ordinary Shares (2021–2024)

Year-by-year earnings quality comparison for New Century Logistics (BVI) Limited Ordinary Shares.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 6.50x $1.43 Million $220.64K ▲ +218.8%
2023 -5.47x $-2.49 Million $454.42K ▼ -661.9%
2022 0.97x $6.80 Million $6.98 Million ▲ +17.8%
2021 0.83x $4.58 Million $5.53 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.