Neogen Corporation (NEOG) — Cash Flow Quality Index
Neogen Corporation (NEOG) has a Cash Flow Quality Index of 0.30x as of August 2025. Operating cash flow of $10.85 Million is below net income of $36.34 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Neogen Corporation (NEOG) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Neogen Corporation Cash Flow Quality Index (1994–2022)
Historical Cash Flow Quality Index for Neogen Corporation across 28 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Neogen Corporation operating cash flow efficiency.
Annual Cash Flow Quality Index for Neogen Corporation (1994–2022)
Year-by-year earnings quality comparison for Neogen Corporation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2022 | 1.41x | $68.04 Million | $48.31 Million | ▲ +5.7% |
| 2021 | 1.33x | $81.09 Million | $60.88 Million | ▼ -7.8% |
| 2020 | 1.44x | $85.88 Million | $59.48 Million | ▲ +36.1% |
| 2019 | 1.06x | $63.84 Million | $60.18 Million | ▼ -3.0% |
| 2018 | 1.09x | $69.13 Million | $63.22 Million | ▼ -20.2% |
| 2017 | 1.37x | $60.27 Million | $43.97 Million | ▲ +41.8% |
| 2016 | 0.97x | $35.33 Million | $36.54 Million | ▼ -25.9% |
| 2015 | 1.30x | $43.79 Million | $33.58 Million | ▲ +68.7% |
| 2014 | 0.77x | $21.67 Million | $28.03 Million | ▼ -21.3% |
| 2013 | 0.98x | $26.56 Million | $27.04 Million | ▼ -1.3% |
| 2012 | 0.99x | $22.28 Million | $22.39 Million | ▼ -21.4% |
| 2011 | 1.27x | $28.84 Million | $22.80 Million | ▼ -20.8% |
| 2010 | 1.60x | $27.99 Million | $17.52 Million | ▲ +101.8% |
| 2009 | 0.79x | $10.98 Million | $13.87 Million | ▲ +21.7% |
| 2008 | 0.65x | $7.87 Million | $12.10 Million | ▼ -41.5% |
| 2007 | 1.11x | $10.16 Million | $9.12 Million | ▼ -28.2% |
| 2006 | 1.55x | $12.31 Million | $7.94 Million | ▲ +36.5% |
| 2005 | 1.14x | $6.72 Million | $5.92 Million | ▲ +94.4% |
| 2004 | 0.58x | $2.98 Million | $5.10 Million | ▼ -58.2% |
| 2003 | 1.40x | $6.70 Million | $4.79 Million | ▲ +62.6% |
| 2002 | 0.86x | $3.40 Million | $3.94 Million | ▲ +9.3% |
| 2001 | 0.79x | $2.50 Million | $3.17 Million | ▼ -48.2% |
| 2000 | 1.52x | $4.68 Million | $3.07 Million | ▼ -5.4% |
| 1999 | 1.61x | $3.70 Million | $2.30 Million | ▲ +135.9% |
| 1998 | 0.68x | $1.50 Million | $2.20 Million | ▼ -46.6% |
| 1997 | 1.28x | $2.30 Million | $1.80 Million | ▲ +278.9% |
| 1995 | -0.71x | $-500.00K | $700.00K | ▼ -137.8% |
| 1994 | 1.89x | $1.70 Million | $900.00K | — |