Wang & Lee Group, Inc. Ordinary Shares Cash Flow Quality Index

Latest as of June 2021: 1.84x

Wang & Lee Group, Inc. Ordinary Shares cash flow quality index. Wang & Lee Group, Inc. Ordinary Shares (WLGS) has a Cash Flow Quality Index of 1.84x as of June 2021. Operating cash flow of $215.27K exceeds net income of $117.18K, indicating high earnings quality where cash backs reported profits. See Wang & Lee Group, Inc. Ordinary Shares (WLGS) financial flexibility to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

1.84x
Operating CF / Net Income

Operating Cash Flow

$215.27K
USD

Net Income

$117.18K
USD

Data as of

Jun 2021
Most recent filing

Cash Flow Quality Index of Wang & Lee Group, Inc. Ordinary Shares (2019–2020)

Cash flow quality index of Wang & Lee Group, Inc. Ordinary Shares from 2019 to 2020. Historical Cash Flow Quality Index for Wang & Lee Group, Inc. Ordinary Shares across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore Wang & Lee Group, Inc. Ordinary Shares cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Wang & Lee Group, Inc. Ordinary Shares Cash Flow Quality Index by Year (2019–2020)

Wang & Lee Group, Inc. Ordinary Shares cash flow quality index by year from 2019 to 2020. Year-by-year earnings quality comparison for Wang & Lee Group, Inc. Ordinary Shares. For the full cash flow conversion analysis, see Wang & Lee Group, Inc. Ordinary Shares operating cash flow efficiency.

Year Quality Index Operating CF (USD) Net Income YoY Change
2020 -0.27x $-74.38K $278.02K ▲ +90.5%
2019 -2.82x $-198.57K $70.51K —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.