Clean Seas Seafood Ltd. (CSS) — Cash Flow Quality Index

Latest as of June 2023: -0.21x

Clean Seas Seafood Ltd. (CSS) has a Cash Flow Quality Index of -0.21x as of June 2023. Operating cash flow of Nkr-2.03 Million is below net income of Nkr9.46 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore CSS operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.21x
Operating CF / Net Income

Operating Cash Flow

Nkr-2.03 Million
NOK

Net Income

Nkr9.46 Million
NOK

Data as of

Jun 2023
Most recent filing

Clean Seas Seafood Ltd. Cash Flow Quality Index (2014–2023)

Historical Cash Flow Quality Index for Clean Seas Seafood Ltd. across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Clean Seas Seafood Ltd. cash flow conversion.

Annual Cash Flow Quality Index for Clean Seas Seafood Ltd. (2014–2023)

Year-by-year earnings quality comparison for Clean Seas Seafood Ltd..

Year Quality Index Operating CF (NOK) Net Income YoY Change
2023 0.21x Nkr1.23 Million Nkr6.00 Million ▼ -67.4%
2022 0.63x Nkr5.46 Million Nkr8.68 Million ▲ +109.7%
2019 -6.46x Nkr-9.34 Million Nkr1.45 Million ▼ -220.4%
2018 -2.02x Nkr-6.82 Million Nkr3.38 Million ▲ +87.7%
2017 -16.46x Nkr-3.32 Million Nkr202.00K ▼ -854.4%
2015 -1.72x Nkr-7.08 Million Nkr4.11 Million ▼ -489.7%
2014 -0.29x Nkr-2.68 Million Nkr9.16 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.