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 IT Tech Packaging Inc (ITP) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see IT Tech Packaging Inc cash conversion from operations.
Annual Cash Flow Quality Index for IT Tech Packaging Inc (2006–2021)
Year-by-year earnings quality comparison for IT Tech Packaging Inc.
| 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 | — |