First Trust High Yield Opportunities 2027 Term Fund (FTHY) — Cash Flow Quality Index

Latest as of May 2025: 0.66x

First Trust High Yield Opportunities 2027 Term Fund (FTHY) has a Cash Flow Quality Index of 0.66x as of May 2025. Operating cash flow of $30.21 Million is below net income of $45.48 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore First Trust High Yield Opportunities 202 cash conversion from operations to assess how effectively this company generates cash.

Cash Flow Quality Index

0.66x
Operating CF / Net Income

Operating Cash Flow

$30.21 Million
USD

Net Income

$45.48 Million
USD

Data as of

May 2025
Most recent filing

First Trust High Yield Opportunities 2027 Term Fund Cash Flow Quality Index (2021–2025)

Historical Cash Flow Quality Index for First Trust High Yield Opportunities 2027 Term Fund across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check FTHY capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for First Trust High Yield Opportunities 2027 Term Fund (2021–2025)

Year-by-year earnings quality comparison for First Trust High Yield Opportunities 2027 Term Fund. For live market cap and the full company financial profile, see market cap of First Trust High Yield Opportunities 202.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 0.66x $30.21 Million $45.48 Million ▼ -27.3%
2024 0.91x $49.38 Million $54.06 Million ▲ +107.4%
2021 -12.38x $-1.00 Billion $81.09 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.