The9 Ltd ADR Cash Flow Quality Index
The9 Ltd ADR cash flow quality index. The9 Ltd ADR (NCTY) has a Cash Flow Quality Index of -1.25x as of December 2020. Operating cash flow of $-44.05 Million is below net income of $35.19 Million, suggesting accrual-heavy earnings not yet converted to cash. See financial agility of The9 Ltd ADR to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of The9 Ltd ADR (2003–2023)
Cash flow quality index of The9 Ltd ADR from 2003 to 2023. Historical Cash Flow Quality Index for The9 Ltd ADR across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore NCTY debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
The9 Ltd ADR Cash Flow Quality Index by Year (2003–2023)
The9 Ltd ADR cash flow quality index by year from 2003 to 2023. Year-by-year earnings quality comparison for The9 Ltd ADR. For the full cash flow conversion analysis, see The9 Ltd ADR cash conversion from operations.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | -3.68x | $-46.32 Million | $12.58 Million | ▼ -1263.8% |
| 2020 | -0.27x | $-106.25 Million | $393.43 Million | ▼ -103.8% |
| 2008 | 7.15x | $692.63 Million | $96.84 Million | ▲ +179.4% |
| 2007 | 2.56x | $617.48 Million | $241.24 Million | ▲ +33.5% |
| 2006 | 1.92x | $598.40 Million | $312.21 Million | ▼ -6.7% |
| 2005 | 2.05x | $148.96 Million | $72.50 Million | ▲ +43.4% |
| 2004 | 1.43x | $35.08 Million | $24.48 Million | ▲ +20.4% |
| 2003 | 1.19x | $57.71 Million | $48.47 Million | — |