Elme Communities (ELME) — Cash Flow Quality Index

Latest as of December 2022: -0.37x

Elme Communities (ELME) has a Cash Flow Quality Index of -0.37x as of December 2022. Operating cash flow of $-51.46 Million is below net income of $140.36 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore ELME operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.37x
Operating CF / Net Income

Operating Cash Flow

$-51.46 Million
USD

Net Income

$140.36 Million
USD

Data as of

Dec 2022
Most recent filing

Elme Communities Cash Flow Quality Index (1989–2022)

Historical Cash Flow Quality Index for Elme Communities across 33 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Elme Communities cash flow conversion.

Annual Cash Flow Quality Index for Elme Communities (1989–2022)

Year-by-year earnings quality comparison for Elme Communities.

Year Quality Index Operating CF (USD) Net Income YoY Change
2022 0.38x $42.69 Million $113.02 Million ▼ -93.1%
2021 5.44x $89.16 Million $16.38 Million ▲ +1494.2%
2019 0.34x $130.92 Million $383.55 Million ▼ -94.1%
2018 5.75x $147.37 Million $25.63 Million ▼ -13.7%
2017 6.66x $130.63 Million $19.61 Million ▲ +579.5%
2016 0.98x $116.93 Million $119.29 Million ▼ -18.6%
2015 1.20x $107.36 Million $89.19 Million ▲ +66.5%
2014 0.72x $80.70 Million $111.60 Million ▼ -76.2%
2013 3.03x $113.32 Million $37.35 Million ▼ -45.1%
2012 5.53x $131.10 Million $23.71 Million ▲ +394.4%
2011 1.12x $117.86 Million $105.38 Million ▼ -62.5%
2010 2.98x $111.93 Million $37.56 Million ▲ +18.6%
2009 2.51x $102.90 Million $40.95 Million ▼ -14.9%
2008 2.95x $97.02 Million $32.84 Million ▲ +58.2%
2007 1.87x $115.54 Million $61.88 Million ▼ -16.4%
2006 2.23x $86.34 Million $38.66 Million ▲ +98.1%
2005 1.13x $87.52 Million $77.64 Million ▼ -37.0%
2004 1.79x $79.71 Million $44.53 Million ▲ +5.2%
2003 1.70x $76.39 Million $44.89 Million ▲ +16.1%
2002 1.47x $70.34 Million $48.00 Million ▼ -5.7%
2001 1.55x $74.67 Million $48.06 Million ▲ +4.2%
2000 1.49x $61.97 Million $41.57 Million ▲ +3.4%
1999 1.44x $52.45 Million $36.39 Million ▼ -7.7%
1998 1.56x $53.59 Million $34.34 Million ▲ +10.5%
1997 1.41x $42.50 Million $30.10 Million ▲ +5.3%
1996 1.34x $37.56 Million $28.00 Million ▲ +13.0%
1995 1.19x $30.99 Million $26.10 Million ▼ -8.0%
1994 1.29x $29.82 Million $23.10 Million ▲ +19.8%
1993 1.08x $25.00 Million $23.20 Million ▼ -7.2%
1992 1.16x $23.70 Million $20.40 Million ▼ -0.1%
1991 1.16x $21.40 Million $18.40 Million ▼ -2.0%
1990 1.19x $19.10 Million $16.10 Million ▼ -4.7%
1989 1.24x $17.80 Million $14.30 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.