Paranovus Entertainment Technology Ltd. (PAVS) — Cash Flow Quality Index
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. Also explore Paranovus Entertainment Technology Ltd. asset portfolio for the complete picture of this company's asset base.
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. Check Paranovus Entertainment Technology Ltd. tangible equity quality to evaluate the tangible quality of the company's equity base.
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 PAVS stock 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 | — |