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) long-term investment share to see how much of total assets are deployed in long-term investments.

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. Check tangible equity quality of Zhongchao Inc to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Zhongchao Inc (2017–2021)

Year-by-year earnings quality comparison for Zhongchao Inc. For live market cap and the full company financial profile, see market cap of 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.