Quidel Corporation Cash Flow Quality Index

Latest as of December 2023: 11.49x

Quidel Corporation 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. See Quidel Corporation leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.

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

Cash Flow Quality Index of Quidel Corporation (1991–2022)

Cash flow quality index of Quidel Corporation from 1991 to 2022. Historical Cash Flow Quality Index for Quidel Corporation across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore Quidel Corporation cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Quidel Corporation Cash Flow Quality Index by Year (1991–2022)

Quidel Corporation cash flow quality index by year from 1991 to 2022. Year-by-year earnings quality comparison for Quidel Corporation. For the full cash flow conversion analysis, see QDEL cash flow metrics.

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.