Smith-Midland Corp Cash Flow Quality Index
Smith-Midland Corp cash flow quality index. Smith-Midland Corp (SMID) has a Cash Flow Quality Index of -0.35x as of June 2026. Operating cash flow of $-485.00K is below net income of $1.38 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Smith-Midland Corp debt service capacity 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 Smith-Midland Corp (1994–2025)
Cash flow quality index of Smith-Midland Corp from 1994 to 2025. Historical Cash Flow Quality Index for Smith-Midland Corp across 25 annual periods. Values consistently above 1.0x indicate high-quality earnings. See debt-free asset ratio of Smith-Midland Corp to measure how much of total assets are equity-financed.
Smith-Midland Corp Cash Flow Quality Index by Year (1994–2025)
Smith-Midland Corp cash flow quality index by year from 1994 to 2025. Year-by-year earnings quality comparison for Smith-Midland Corp. For the full cash flow conversion analysis, see Smith-Midland Corp operating cash flow efficiency.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.14x | $14.30 Million | $12.51 Million | ▲ +70.2% |
| 2024 | 0.67x | $5.16 Million | $7.67 Million | ▼ -93.1% |
| 2023 | 9.73x | $7.73 Million | $795.00K | ▲ +222.8% |
| 2022 | -7.92x | $-6.33 Million | $800.00K | ▼ -756.8% |
| 2021 | 1.21x | $9.13 Million | $7.57 Million | ▼ -57.1% |
| 2020 | 2.81x | $7.49 Million | $2.67 Million | ▲ +40.0% |
| 2019 | 2.01x | $3.93 Million | $1.96 Million | ▼ -60.0% |
| 2018 | 5.02x | $8.47 Million | $1.69 Million | ▲ +360.7% |
| 2017 | 1.09x | $2.93 Million | $2.68 Million | ▼ -22.6% |
| 2016 | 1.41x | $3.99 Million | $2.84 Million | ▲ +7688.8% |
| 2015 | 0.02x | $18.89K | $1.04 Million | ▼ -98.5% |
| 2013 | 1.19x | $819.85K | $691.50K | ▼ -84.5% |
| 2012 | 7.67x | $2.89 Million | $376.69K | ▲ +1551.0% |
| 2010 | 0.46x | $1.12 Million | $2.41 Million | ▼ -73.5% |
| 2009 | 1.75x | $3.17 Million | $1.81 Million | ▼ -55.6% |
| 2008 | 3.95x | $1.66 Million | $420.99K | ▲ +490.0% |
| 2007 | 0.67x | $838.21K | $1.25 Million | ▼ -26.4% |
| 2005 | 0.91x | $1.23 Million | $1.35 Million | ▼ -39.0% |
| 2004 | 1.49x | $734.41K | $492.45K | ▲ +38.9% |
| 2002 | 1.07x | $644.80K | $600.51K | ▲ +84.1% |
| 2001 | 0.58x | $1.16 Million | $1.99 Million | ▲ +548.4% |
| 2000 | 0.09x | $53.37K | $593.37K | ▼ -98.9% |
| 1999 | 8.39x | $354.81K | $42.27K | ▲ +320.9% |
| 1997 | 1.99x | $526.00K | $263.80K | ▲ +298.8% |
| 1994 | 0.50x | $100.00K | $200.00K | — |