Quidel Corporation (QDEL) — Cash Flow Quality Index
Quidel Corporation (QDEL) has a Cash Flow Quality Index of 11.49x as of December 2023. Operating cash flow of $80.40 Million exceeds net income of $7.00 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Quidel Corporation service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Quidel Corporation Cash Flow Quality Index (1991–2022)
Historical Cash Flow Quality Index for Quidel Corporation across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see QDEL operating cash flow.
Annual Cash Flow Quality Index for Quidel Corporation (1991–2022)
Year-by-year earnings quality comparison for Quidel Corporation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2022 | 1.61x | $885.30 Million | $548.70 Million | ▲ +41.0% |
| 2021 | 1.14x | $805.87 Million | $704.23 Million | ▲ +47.2% |
| 2020 | 0.78x | $629.76 Million | $810.29 Million | ▼ -57.9% |
| 2019 | 1.84x | $134.49 Million | $72.92 Million | ▲ +0.3% |
| 2018 | 1.84x | $136.34 Million | $74.18 Million | ▼ -47.1% |
| 2013 | 3.48x | $25.68 Million | $7.39 Million | ▼ -11.6% |
| 2012 | 3.93x | $19.63 Million | $4.99 Million | ▼ -36.1% |
| 2011 | 6.16x | $46.98 Million | $7.63 Million | ▲ +177.9% |
| 2009 | 2.22x | $72.84 Million | $32.88 Million | ▲ +44.3% |
| 2008 | 1.54x | $28.94 Million | $18.85 Million | ▼ -23.4% |
| 2007 | 2.01x | $27.34 Million | $13.63 Million | ▲ +110.1% |
| 2006 | 0.95x | $20.73 Million | $21.72 Million | ▼ -84.8% |
| 2004 | 6.28x | $9.95 Million | $1.58 Million | ▲ +555.7% |
| 2003 | 0.96x | $18.82 Million | $19.65 Million | ▼ -79.9% |
| 2002 | 4.77x | $6.16 Million | $1.29 Million | ▼ -30.7% |
| 2001 | 6.89x | $5.87 Million | $853.00K | ▲ +2845.8% |
| 1998 | 0.23x | $1.80 Million | $7.70 Million | ▼ -96.2% |
| 1997 | 6.09x | $6.70 Million | $1.10 Million | ▲ +310.0% |
| 1996 | 1.49x | $5.20 Million | $3.50 Million | ▼ -10.9% |
| 1995 | 1.67x | $1.00 Million | $600.00K | ▼ -33.3% |
| 1992 | 2.50x | $1.00 Million | $400.00K | ▲ +137.9% |
| 1991 | -6.60x | $-3.30 Million | $500.00K | — |