Zhongchao Inc (ZCMD) — Cash Flow Quality Index
Latest as of September 2024:
8.99x
Zhongchao Inc (ZCMD) has a Cash Flow Quality Index of 8.99x as of September 2024. Operating cash flow of $809.60K exceeds net income of $90.05K, indicating high earnings quality where cash backs reported profits. Explore Zhongchao Inc (ZCMD) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
8.99x
Operating CF / Net Income
Operating Cash Flow
$809.60K
USD
Net Income
$90.05K
USD
Data as of
Sep 2024
Most recent filing
Zhongchao Inc Cash Flow Quality Index (2017–2021)
Historical Cash Flow Quality Index for Zhongchao Inc across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Zhongchao Inc cash flow conversion.
Annual Cash Flow Quality Index for Zhongchao Inc (2017–2021)
Year-by-year earnings quality comparison for Zhongchao Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2021 | 11.99x | $2.86 Million | $238.66K | ▲ +5249.7% |
| 2020 | -0.23x | $-1.04 Million | $4.46 Million | ▼ -166.2% |
| 2019 | 0.35x | $1.41 Million | $4.00 Million | ▼ -19.5% |
| 2018 | 0.44x | $1.31 Million | $3.00 Million | ▲ +221.6% |
| 2017 | -0.36x | $-537.65K | $1.49 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.