TPI Composites Inc (TPIC) — Cash Flow Quality Index

Latest as of December 2020: 0.71x

TPI Composites Inc (TPIC) has a Cash Flow Quality Index of 0.71x as of December 2020. Operating cash flow of $3.71 Million is below net income of $5.18 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore TPIC operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.71x
Operating CF / Net Income

Operating Cash Flow

$3.71 Million
USD

Net Income

$5.18 Million
USD

Data as of

Dec 2020
Most recent filing

TPI Composites Inc Cash Flow Quality Index (2015–2018)

Historical Cash Flow Quality Index for TPI Composites Inc across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see TPI Composites Inc operating cash flow efficiency.

Annual Cash Flow Quality Index for TPI Composites Inc (2015–2018)

Year-by-year earnings quality comparison for TPI Composites Inc.

Year Quality Index Operating CF (USD) Net Income YoY Change
2018 -0.62x $-3.26 Million $5.28 Million ▼ -132.6%
2017 1.89x $82.66 Million $43.69 Million ▼ -51.4%
2016 3.89x $53.84 Million $13.84 Million ▼ -4.5%
2015 4.07x $31.29 Million $7.68 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.