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 Netcapital Inc strategic investment ratio to see how much of total assets are deployed in long-term investments.

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. Check tangible equity quality of Netcapital Inc to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Netcapital Inc (2018–2023)

Year-by-year earnings quality comparison for Netcapital Inc. For live market cap and the full company financial profile, see market value of 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.