Skycorp Solar Group Limited Ordinary Shares Cash Flow Quality Index

Latest as of September 2024: 1.37x

Skycorp Solar Group Limited Ordinary Shares cash flow quality index. Skycorp Solar Group Limited Ordinary Shares (PN) has a Cash Flow Quality Index of 1.37x as of September 2024. Operating cash flow of $1.60 Million exceeds net income of $1.17 Million, indicating high earnings quality where cash backs reported profits. See Skycorp Solar Group Limited Ordinary Sha (PN) flexibility index to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

1.37x
Operating CF / Net Income

Operating Cash Flow

$1.60 Million
USD

Net Income

$1.17 Million
USD

Data as of

Sep 2024
Most recent filing

Cash Flow Quality Index of Skycorp Solar Group Limited Ordinary Shares (2021–2024)

Cash flow quality index of Skycorp Solar Group Limited Ordinary Shares from 2021 to 2024. Historical Cash Flow Quality Index for Skycorp Solar Group Limited Ordinary Shares across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore PN debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Skycorp Solar Group Limited Ordinary Shares Cash Flow Quality Index by Year (2021–2024)

Skycorp Solar Group Limited Ordinary Shares cash flow quality index by year from 2021 to 2024. Year-by-year earnings quality comparison for Skycorp Solar Group Limited Ordinary Shares. For the full cash flow conversion analysis, see PN cash generation efficiency.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 1.37x $1.60 Million $1.17 Million ▲ +350.9%
2023 0.30x $549.26K $1.81 Million ▼ -94.1%
2022 5.11x $10.98 Million $2.15 Million ▲ +3610.6%
2021 0.14x $314.27K $2.28 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.