IT Tech Packaging Inc (ITP) — Cash Flow Quality Index
IT Tech Packaging Inc (ITP) has a Cash Flow Quality Index of 0.96x as of December 2021. Operating cash flow of $4.01 Million is below net income of $4.16 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore ITP cash flow conversion to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
IT Tech Packaging Inc Cash Flow Quality Index (2006–2021)
Historical Cash Flow Quality Index for IT Tech Packaging Inc across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check IT Tech Packaging Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for IT Tech Packaging Inc (2006–2021)
Year-by-year earnings quality comparison for IT Tech Packaging Inc. For live market cap and the full company financial profile, see ITP stock market capitalisation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2021 | -2.69x | $-2.44 Million | $905.53K | ▼ -179.3% |
| 2019 | 3.39x | $7.53 Million | $2.22 Million | ▼ -69.0% |
| 2017 | 10.94x | $18.15 Million | $1.66 Million | ▲ +423.5% |
| 2016 | 2.09x | $15.28 Million | $7.31 Million | ▲ +13.7% |
| 2015 | 1.84x | $21.20 Million | $11.54 Million | ▼ -33.4% |
| 2014 | 2.76x | $32.31 Million | $11.71 Million | ▲ +20.1% |
| 2013 | 2.30x | $29.92 Million | $13.01 Million | ▲ +51.7% |
| 2012 | 1.52x | $22.23 Million | $14.67 Million | ▲ +76.1% |
| 2011 | 0.86x | $18.63 Million | $21.65 Million | ▼ -34.3% |
| 2010 | 1.31x | $20.36 Million | $15.55 Million | ▲ +10.7% |
| 2009 | 1.18x | $15.04 Million | $12.72 Million | ▼ -37.9% |
| 2008 | 1.90x | $7.73 Million | $4.06 Million | ▲ +0.0% |
| 2007 | 1.90x | $7.73 Million | $4.06 Million | ▼ -22.7% |
| 2006 | 2.46x | $7.86 Million | $3.19 Million | — |