Netcapital Inc (NCPL) — Cash Flow Quality Index
Latest as of October 2023:
-1.42x
Netcapital Inc (NCPL) has a Cash Flow Quality Index of -1.42x as of October 2023. Operating cash flow of $-481.79K is below net income of $339.62K, suggesting accrual-heavy earnings not yet converted to cash. Explore NCPL operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
-1.42x
Operating CF / Net Income
Operating Cash Flow
$-481.79K
USD
Net Income
$339.62K
USD
Data as of
Oct 2023
Most recent filing
Netcapital Inc Cash Flow Quality Index (2018–2023)
Historical Cash Flow Quality Index for Netcapital Inc across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Netcapital Inc (NCPL) cash flow conversion.
Annual Cash Flow Quality Index for Netcapital Inc (2018–2023)
Year-by-year earnings quality comparison for Netcapital Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | -1.56x | $-4.62 Million | $2.95 Million | ▼ -82.1% |
| 2022 | -0.86x | $-3.01 Million | $3.50 Million | ▲ +61.2% |
| 2021 | -2.21x | $-3.25 Million | $1.47 Million | ▼ -37023.3% |
| 2020 | -0.01x | $-3.60K | $604.85K | ▼ -111.4% |
| 2019 | 0.05x | $30.56K | $582.88K | ▲ +113.7% |
| 2018 | -0.38x | $-50.16K | $131.13K | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.