Quidel Corporation (QDEL) — Cash Flow Quality Index

Latest as of December 2023: 11.49x

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 cash flow conversion of Quidel Corporation to assess how effectively this company generates cash.

Cash Flow Quality Index

11.49x
Operating CF / Net Income

Operating Cash Flow

$80.40 Million
USD

Net Income

$7.00 Million
USD

Data as of

Dec 2023
Most recent filing

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. Check total reinvestment intensity of Quidel Corporation to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Quidel Corporation (1991–2022)

Year-by-year earnings quality comparison for Quidel Corporation. For live market cap and the full company financial profile, see market cap of 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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.