Northann Corp. (NCL) — Cash Flow Quality Index
Latest as of March 2026:
-0.91x
Northann Corp. (NCL) has a Cash Flow Quality Index of -0.91x as of March 2026. Operating cash flow of $-1.84 Million is below net income of $2.02 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Northann Corp. (NCL) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
-0.91x
Operating CF / Net Income
Operating Cash Flow
$-1.84 Million
USD
Net Income
$2.02 Million
USD
Data as of
Mar 2026
Most recent filing
Northann Corp. Cash Flow Quality Index (2020–2022)
Historical Cash Flow Quality Index for Northann Corp. across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see NCL operating cash flow.
Annual Cash Flow Quality Index for Northann Corp. (2020–2022)
Year-by-year earnings quality comparison for Northann Corp..
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2022 | -3.93x | $-3.65 Million | $929.06K | ▼ -127.8% |
| 2021 | 14.11x | $4.55 Million | $322.68K | ▲ +798.1% |
| 2020 | -2.02x | $-897.90K | $444.10K | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.