Shyft Group Inc (SHYF) — Cash Flow Quality Index
Latest as of September 2024:
6.42x
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 Shyft Group Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
6.42x
Operating CF / Net Income
Operating Cash Flow
$20.04 Million
USD
Net Income
$3.12 Million
USD
Data as of
Sep 2024
Most recent filing
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. For the full cash flow conversion analysis, see SHYF operating cash flow.
Annual Cash Flow Quality Index for Shyft Group Inc (1985–2023)
Year-by-year earnings quality comparison for 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 | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.