Paranovus Entertainment Technology Ltd. (PAVS) — Cash Flow Quality Index
Paranovus Entertainment Technology Ltd. (PAVS) has a Cash Flow Quality Index of -6.62x as of September 2022. Operating cash flow of $-8.18 Million is below net income of $1.24 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow to debt ratio of Paranovus Entertainment Technology Ltd. to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see Paranovus Entertainment Technology Ltd. cash flow conversion.
Annual Cash Flow Quality Index for Paranovus Entertainment Technology Ltd. (2017–2021)
Year-by-year earnings quality comparison for Paranovus Entertainment Technology Ltd..
| 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 | — |