Wang & Lee Group, Inc. Ordinary Shares (WLGS) — Cash Flow Quality Index

Latest as of June 2021: 1.84x

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. Explore how well can Wang & Lee Group, Inc. Ordinary Shares service its debt to assess how comfortably operating cash covers total debt obligations.

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

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

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. For the full cash flow conversion analysis, see WLGS cash flow conversion.

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

Year-by-year earnings quality comparison for Wang & Lee Group, Inc. Ordinary Shares.

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.