Shyft Group Inc Cash Flow Quality Index
Shyft Group Inc 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 SHYF operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Shyft Group Inc (1985–2023)
Cash flow quality index of Shyft Group Inc from 1985 to 2023. Historical Cash Flow Quality Index for Shyft Group Inc across 31 annual periods. Values consistently above 1.0x indicate high-quality earnings. See debt-free asset ratio of Shyft Group Inc to measure how much of total assets are equity-financed.
Shyft Group Inc Cash Flow Quality Index by Year (1985–2023)
Shyft Group Inc cash flow quality index by year from 1985 to 2023. Year-by-year earnings quality comparison for Shyft Group Inc. For the full cash flow conversion analysis, see Shyft Group Inc cash conversion from operations.
| 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 | — |