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 QDEL long-term investment intensity to see how much of total assets are deployed in long-term investments.

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 QDEL tangible net assets ratio to evaluate the tangible quality of the company's equity base.

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 Quidel Corporation market cap and net worth.

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.