Nel ASA (NEL) — Cash Flow Quality Index

Latest as of March 2022: -1.94x

Nel ASA (NEL) has a Cash Flow Quality Index of -1.94x as of March 2022. Operating cash flow of Nkr-158.77 Million is below net income of Nkr81.85 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore NEL cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-1.94x
Operating CF / Net Income

Operating Cash Flow

Nkr-158.77 Million
NOK

Net Income

Nkr81.85 Million
NOK

Data as of

Mar 2022
Most recent filing

Nel ASA Cash Flow Quality Index (2020–2020)

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

Annual Cash Flow Quality Index for Nel ASA (2020–2020)

Year-by-year earnings quality comparison for Nel ASA.

Year Quality Index Operating CF (NOK) Net Income YoY Change
2020 -0.17x Nkr-215.89 Million Nkr1.25 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.