Shyft Group Inc (SHYF) — Cash Flow Quality Index
Shyft Group Inc (SHYF) has a Cash Flow Quality Index of 6.42x as of September 2024. Operating cash flow of $20.04 Million exceeds net income of $3.12 Million, indicating high earnings quality where cash backs reported profits. Explore how efficiently does Shyft Group Inc generate cash to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Shyft Group Inc Cash Flow Quality Index (1985–2023)
Historical Cash Flow Quality Index for Shyft Group Inc across 31 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check cash flow reinvestment rate of Shyft Group Inc to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Shyft Group Inc (1985–2023)
Year-by-year earnings quality comparison for Shyft Group Inc. For live market cap and the full company financial profile, see market value of Shyft Group Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 8.70x | $56.24 Million | $6.46 Million | ▲ +1788.1% |
| 2022 | -0.52x | $-18.84 Million | $36.56 Million | ▼ -148.9% |
| 2021 | 1.05x | $74.01 Million | $70.16 Million | ▼ -45.6% |
| 2020 | 1.94x | $64.33 Million | $33.17 Million | ▲ +262.8% |
| 2018 | 0.53x | $8.03 Million | $15.01 Million | ▼ -61.3% |
| 2017 | 1.38x | $22.02 Million | $15.93 Million | ▼ -49.3% |
| 2016 | 2.73x | $23.45 Million | $8.60 Million | ▼ -56.9% |
| 2014 | 6.32x | $6.51 Million | $1.03 Million | ▼ -83.8% |
| 2011 | 38.99x | $30.14 Million | $773.00K | ▲ +735.9% |
| 2010 | 4.66x | $33.74 Million | $7.24 Million | ▲ +44.0% |
| 2009 | 3.24x | $38.12 Million | $11.77 Million | ▲ +145.0% |
| 2008 | 1.32x | $56.45 Million | $42.71 Million | ▲ +583.8% |
| 2007 | -0.27x | $-6.69 Million | $24.50 Million | ▲ +77.6% |
| 2006 | -1.22x | $-20.55 Million | $16.83 Million | ▼ -311.0% |
| 2005 | 0.58x | $4.80 Million | $8.29 Million | ▲ +562.4% |
| 2004 | -0.13x | $-736.18K | $5.88 Million | ▼ -103.9% |
| 2003 | 3.22x | $14.29 Million | $4.44 Million | ▲ +134.5% |
| 2002 | 1.37x | $15.70 Million | $11.44 Million | ▼ -58.8% |
| 2001 | 3.33x | $20.06 Million | $6.02 Million | ▲ +206.1% |
| 1998 | -3.14x | $-11.00 Million | $3.50 Million | ▼ -253.8% |
| 1996 | 2.04x | $4.70 Million | $2.30 Million | ▲ +47.8% |
| 1995 | 1.38x | $4.70 Million | $3.40 Million | ▲ +87.9% |
| 1994 | 0.74x | $7.80 Million | $10.60 Million | ▲ +1003.8% |
| 1993 | 0.07x | $700.00K | $10.50 Million | ▼ -89.0% |
| 1992 | 0.61x | $5.60 Million | $9.20 Million | ▲ +404.3% |
| 1991 | -0.20x | $-1.30 Million | $6.50 Million | ▼ -200.0% |
| 1990 | 0.20x | $500.00K | $2.50 Million | ▼ -84.0% |
| 1989 | 1.25x | $1.50 Million | $1.20 Million | ▲ +25.0% |
| 1988 | 1.00x | $2.30 Million | $2.30 Million | ▲ +0.0% |
| 1986 | 1.00x | $700.00K | $700.00K | ▲ +0.0% |
| 1985 | 1.00x | $300.00K | $300.00K | — |