Gigante Salmon AS (GIGA) — Cash Flow Quality Index

Latest as of September 2023: 15.76x

Gigante Salmon AS (GIGA) has a Cash Flow Quality Index of 15.76x as of September 2023. Operating cash flow of Nkr8.87 Million exceeds net income of Nkr563.00K, indicating high earnings quality where cash backs reported profits. Explore Gigante Salmon AS debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

15.76x
Operating CF / Net Income

Operating Cash Flow

Nkr8.87 Million
NOK

Net Income

Nkr563.00K
NOK

Data as of

Sep 2023
Most recent filing

Gigante Salmon AS Cash Flow Quality Index (2021–2023)

Historical Cash Flow Quality Index for Gigante Salmon AS across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Gigante Salmon AS.

Annual Cash Flow Quality Index for Gigante Salmon AS (2021–2023)

Year-by-year earnings quality comparison for Gigante Salmon AS.

Year Quality Index Operating CF (NOK) Net Income YoY Change
2023 7.13x Nkr1.74 Million Nkr244.00K ▲ +649.7%
2022 -1.30x Nkr-7.24 Million Nkr5.58 Million ▼ -92.6%
2021 -0.67x Nkr-1.84 Million Nkr2.74 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.