Eagle Bulk Shipping Inc (EGLE) — Cash Flow Quality Index

Latest as of December 2023: 3.00x

Eagle Bulk Shipping Inc (EGLE) has a Cash Flow Quality Index of 3.00x as of December 2023. Operating cash flow of $19.97 Million exceeds net income of $6.65 Million, indicating high earnings quality where cash backs reported profits. Explore EGLE debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

3.00x
Operating CF / Net Income

Operating Cash Flow

$19.97 Million
USD

Net Income

$6.65 Million
USD

Data as of

Dec 2023
Most recent filing

Eagle Bulk Shipping Inc Cash Flow Quality Index (2005–2023)

Historical Cash Flow Quality Index for Eagle Bulk Shipping Inc across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Eagle Bulk Shipping Inc generate cash.

Annual Cash Flow Quality Index for Eagle Bulk Shipping Inc (2005–2023)

Year-by-year earnings quality comparison for Eagle Bulk Shipping Inc.

Year Quality Index Operating CF (USD) Net Income YoY Change
2023 2.46x $55.94 Million $22.73 Million ▲ +104.6%
2022 1.20x $298.28 Million $248.01 Million ▲ +6.3%
2021 1.13x $209.17 Million $184.90 Million ▼ -68.7%
2018 3.62x $45.47 Million $12.57 Million ▲ +2.9%
2010 3.51x $94.34 Million $26.84 Million ▲ +29.2%
2009 2.72x $90.52 Million $33.29 Million ▲ +53.0%
2008 1.78x $109.54 Million $61.63 Million ▲ +12.0%
2007 1.59x $82.89 Million $52.24 Million ▼ -24.0%
2006 2.09x $70.53 Million $33.80 Million ▼ -47.8%
2005 4.00x $26.62 Million $6.65 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.