1st Source Corporation (SRCE) — Cash Flow Quality Index

Latest as of September 2025: 1.21x

1st Source Corporation (SRCE) has a Cash Flow Quality Index of 1.21x as of September 2025. Operating cash flow of $51.05 Million exceeds net income of $42.28 Million, indicating high earnings quality where cash backs reported profits. Explore how well can 1st Source Corporation service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.21x
Operating CF / Net Income

Operating Cash Flow

$51.05 Million
USD

Net Income

$42.28 Million
USD

Data as of

Sep 2025
Most recent filing

1st Source Corporation Cash Flow Quality Index (1989–2024)

Historical Cash Flow Quality Index for 1st Source Corporation across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see SRCE cash flow conversion.

Annual Cash Flow Quality Index for 1st Source Corporation (1989–2024)

Year-by-year earnings quality comparison for 1st Source Corporation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 1.46x $193.85 Million $132.62 Million ▼ -2.8%
2023 1.50x $187.94 Million $124.93 Million ▲ +3.3%
2022 1.46x $175.53 Million $120.53 Million ▲ +3.5%
2021 1.41x $166.76 Million $118.56 Million ▼ -25.8%
2020 1.90x $154.49 Million $81.46 Million ▲ +6.0%
2019 1.79x $164.61 Million $92.02 Million ▼ -7.7%
2018 1.94x $159.69 Million $82.41 Million ▼ -5.6%
2017 2.05x $139.70 Million $68.05 Million ▲ +21.0%
2016 1.70x $98.06 Million $57.79 Million ▼ -3.0%
2015 1.75x $100.61 Million $57.49 Million ▲ +40.5%
2014 1.25x $72.35 Million $58.07 Million ▼ -21.2%
2013 1.58x $86.87 Million $54.96 Million ▼ -15.8%
2012 1.88x $93.19 Million $49.63 Million ▼ -27.3%
2011 2.58x $124.41 Million $48.20 Million ▼ -4.3%
2010 2.70x $111.27 Million $41.24 Million ▲ +32.6%
2009 2.03x $51.85 Million $25.49 Million ▲ +5.7%
2008 1.92x $64.24 Million $33.39 Million ▼ -30.3%
2007 2.76x $84.36 Million $30.54 Million ▲ +29.1%
2006 2.14x $84.10 Million $39.30 Million ▲ +46.6%
2005 1.46x $49.26 Million $33.75 Million ▼ -43.9%
2004 2.60x $65.01 Million $24.96 Million ▼ -74.9%
2003 10.37x $198.62 Million $19.15 Million ▲ +25.8%
2002 8.25x $82.78 Million $10.04 Million ▲ +277.4%
2001 2.18x $84.12 Million $38.50 Million ▼ -2.4%
2000 2.24x $84.14 Million $37.57 Million ▲ +42.1%
1999 1.58x $56.40 Million $35.80 Million ▼ -25.6%
1998 2.12x $66.70 Million $31.50 Million ▲ +18.1%
1997 1.79x $47.50 Million $26.50 Million ▲ +106.9%
1996 0.87x $20.10 Million $23.20 Million ▼ -34.1%
1995 1.31x $27.60 Million $21.00 Million ▼ -7.6%
1994 1.42x $26.30 Million $18.50 Million ▲ +3.2%
1993 1.38x $23.00 Million $16.70 Million ▼ -9.8%
1992 1.53x $22.30 Million $14.60 Million ▼ -0.3%
1991 1.53x $19.30 Million $12.60 Million ▲ +4.2%
1990 1.47x $17.50 Million $11.90 Million ▲ +1.2%
1989 1.45x $15.40 Million $10.60 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.