Norcod As (NCOD) — Cash Flow Quality Index

Latest as of March 2021: -37.52x

Norcod As (NCOD) has a Cash Flow Quality Index of -37.52x as of March 2021. Operating cash flow of Nkr-44.72 Million is below net income of Nkr1.19 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore NCOD debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-37.52x
Operating CF / Net Income

Operating Cash Flow

Nkr-44.72 Million
NOK

Net Income

Nkr1.19 Million
NOK

Data as of

Mar 2021
Most recent filing

Norcod As Cash Flow Quality Index (2020–2020)

Historical Cash Flow Quality Index for Norcod As across 1 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Norcod As cash flow conversion.

Annual Cash Flow Quality Index for Norcod As (2020–2020)

Year-by-year earnings quality comparison for Norcod As.

Year Quality Index Operating CF (NOK) Net Income YoY Change
2020 -25.01x Nkr-141.85 Million Nkr5.67 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.