Ultralife Corporation (ULBI) — Cash Flow Quality Index
Ultralife Corporation (ULBI) has a Cash Flow Quality Index of 0.47x as of June 2026. Operating cash flow of $1.19 Million is below net income of $2.52 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore ULBI debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Ultralife Corporation Cash Flow Quality Index (2003–2024)
Historical Cash Flow Quality Index for Ultralife Corporation across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Ultralife Corporation (ULBI) cash flow conversion.
Annual Cash Flow Quality Index for Ultralife Corporation (2003–2024)
Year-by-year earnings quality comparison for Ultralife Corporation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 2.60x | $16.64 Million | $6.41 Million | ▲ +868.5% |
| 2023 | 0.27x | $1.93 Million | $7.20 Million | ▼ -93.4% |
| 2020 | 4.07x | $21.72 Million | $5.33 Million | ▲ +829.0% |
| 2019 | -0.56x | $-2.97 Million | $5.31 Million | ▼ -228.3% |
| 2018 | 0.44x | $10.89 Million | $25.00 Million | ▼ -54.1% |
| 2017 | 0.95x | $7.27 Million | $7.66 Million | ▼ -56.8% |
| 2016 | 2.20x | $7.65 Million | $3.48 Million | ▼ -27.0% |
| 2015 | 3.01x | $8.55 Million | $2.84 Million | ▼ -57.0% |
| 2011 | 7.01x | $10.96 Million | $1.56 Million | ▲ +402.5% |
| 2008 | 1.39x | $19.06 Million | $13.66 Million | ▲ +396.3% |
| 2007 | 0.28x | $1.57 Million | $5.58 Million | ▼ -42.3% |
| 2004 | 0.49x | $10.88 Million | $22.33 Million | ▲ +168.7% |
| 2003 | -0.71x | $-4.57 Million | $6.45 Million | — |