Paranovus Entertainment Technology Ltd. (PAVS) — Cash Flow Quality Index

Latest as of September 2023: -1.43x

Paranovus Entertainment Technology Ltd. (PAVS) has a Cash Flow Quality Index of -1.43x as of September 2023. Operating cash flow of $-11.71 Million is below net income of $8.20 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Paranovus Entertainment Technology Ltd. cash conversion from operations to assess how effectively this company generates cash.

Cash Flow Quality Index

-1.43x
Operating CF / Net Income

Operating Cash Flow

$-11.71 Million
USD

Net Income

$8.20 Million
USD

Data as of

Sep 2023
Most recent filing

Paranovus Entertainment Technology Ltd. Cash Flow Quality Index (2017–2021)

Historical Cash Flow Quality Index for Paranovus Entertainment Technology Ltd. across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Paranovus Entertainment Technology Ltd. investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Paranovus Entertainment Technology Ltd. (2017–2021)

Year-by-year earnings quality comparison for Paranovus Entertainment Technology Ltd.. For live market cap and the full company financial profile, see Paranovus Entertainment Technology Ltd. (PAVS) market capitalisation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2021 4.20x $2.90 Million $691.96K ▲ +394.1%
2020 0.85x $10.78 Million $12.69 Million ▲ +143.0%
2019 0.35x $6.54 Million $18.72 Million ▼ -52.7%
2018 0.74x $12.93 Million $17.49 Million ▼ -5.1%
2017 0.78x $11.32 Million $14.52 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.