National Bankshares Inc (NKSH) — Cash Flow Quality Index
National Bankshares Inc (NKSH) has a Cash Flow Quality Index of 0.70x as of June 2026. Operating cash flow of $3.51 Million is below net income of $5.03 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore National Bankshares Inc (NKSH) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
National Bankshares Inc Cash Flow Quality Index (1995–2025)
Historical Cash Flow Quality Index for National Bankshares Inc across 31 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see National Bankshares Inc (NKSH) cash conversion ratio.
Annual Cash Flow Quality Index for National Bankshares Inc (1995–2025)
Year-by-year earnings quality comparison for National Bankshares Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.13x | $17.89 Million | $15.83 Million | ▼ -8.7% |
| 2024 | 1.24x | $9.44 Million | $7.62 Million | ▲ +25.1% |
| 2023 | 0.99x | $15.52 Million | $15.69 Million | ▼ -13.0% |
| 2022 | 1.14x | $29.50 Million | $25.93 Million | ▲ +1.3% |
| 2021 | 1.12x | $22.88 Million | $20.38 Million | ▲ +30.9% |
| 2020 | 0.86x | $13.79 Million | $16.08 Million | ▼ -20.4% |
| 2019 | 1.08x | $18.83 Million | $17.47 Million | ▼ -11.9% |
| 2018 | 1.22x | $19.77 Million | $16.15 Million | ▲ +56.9% |
| 2017 | 0.78x | $10.99 Million | $14.09 Million | ▼ -33.5% |
| 2016 | 1.17x | $17.53 Million | $14.94 Million | ▼ -9.5% |
| 2015 | 1.30x | $20.53 Million | $15.83 Million | ▲ +7.8% |
| 2014 | 1.20x | $20.34 Million | $16.91 Million | ▼ -12.5% |
| 2013 | 1.37x | $24.45 Million | $17.79 Million | ▲ +7.4% |
| 2012 | 1.28x | $22.71 Million | $17.75 Million | ▲ +16.0% |
| 2011 | 1.10x | $19.46 Million | $17.64 Million | ▼ -7.5% |
| 2010 | 1.19x | $18.57 Million | $15.57 Million | ▲ +14.8% |
| 2009 | 1.04x | $14.87 Million | $14.32 Million | ▼ -11.0% |
| 2008 | 1.17x | $15.86 Million | $13.59 Million | ▼ -4.7% |
| 2007 | 1.23x | $15.53 Million | $12.68 Million | ▲ +9.6% |
| 2006 | 1.12x | $14.12 Million | $12.63 Million | ▼ -10.2% |
| 2005 | 1.24x | $15.46 Million | $12.42 Million | ▼ -34.8% |
| 2004 | 1.91x | $23.33 Million | $12.23 Million | ▲ +47.6% |
| 2003 | 1.29x | $14.79 Million | $11.44 Million | ▼ -9.1% |
| 2002 | 1.42x | $14.24 Million | $10.01 Million | ▲ +3.9% |
| 2001 | 1.37x | $10.02 Million | $7.31 Million | ▲ +3.3% |
| 2000 | 1.33x | $9.69 Million | $7.31 Million | ▼ -17.4% |
| 1999 | 1.61x | $11.40 Million | $7.10 Million | ▲ +110.0% |
| 1998 | 0.76x | $5.20 Million | $6.80 Million | ▼ -33.8% |
| 1997 | 1.15x | $7.57 Million | $6.56 Million | ▼ -11.4% |
| 1996 | 1.30x | $7.97 Million | $6.12 Million | ▲ +7.0% |
| 1995 | 1.22x | $3.96 Million | $3.26 Million | — |