Photocure (PHO) — Cash Flow Quality Index
Latest as of March 2026:
0.01x
Photocure (PHO) has a Cash Flow Quality Index of 0.01x as of March 2026. Operating cash flow of Nkr774.00K is below net income of Nkr83.42 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Photocure (PHO) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.01x
Operating CF / Net Income
Operating Cash Flow
Nkr774.00K
NOK
Net Income
Nkr83.42 Million
NOK
Data as of
Mar 2026
Most recent filing
Photocure Cash Flow Quality Index (2006–2023)
Historical Cash Flow Quality Index for Photocure across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Photocure (PHO) cash conversion ratio.
Annual Cash Flow Quality Index for Photocure (2006–2023)
Year-by-year earnings quality comparison for Photocure.
| Year | Quality Index | Operating CF (NOK) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 110.06x | Nkr29.39 Million | Nkr267.00K | ▲ +24358.3% |
| 2019 | 0.45x | Nkr20.66 Million | Nkr45.90 Million | ▼ -70.0% |
| 2016 | 1.50x | Nkr19.19 Million | Nkr12.78 Million | ▲ +74.2% |
| 2010 | 0.86x | Nkr15.60 Million | Nkr18.09 Million | ▼ -15.2% |
| 2009 | 1.02x | Nkr317.44 Million | Nkr312.38 Million | ▲ +29.8% |
| 2006 | 0.78x | Nkr66.33 Million | Nkr84.73 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.