Airtime Partecipazioni SpA (ALMEX) — Cash Flow Quality Index

Latest as of December 2023: -0.02x

Airtime Partecipazioni SpA (ALMEX) has a Cash Flow Quality Index of -0.02x as of December 2023. Operating cash flow of €-71.00K is below net income of €3.03 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Airtime Partecipazioni SpA (ALMEX) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.02x
Operating CF / Net Income

Operating Cash Flow

€-71.00K
EUR

Net Income

€3.03 Million
EUR

Data as of

Dec 2023
Most recent filing

Airtime Partecipazioni SpA Cash Flow Quality Index (2019–2023)

Historical Cash Flow Quality Index for Airtime Partecipazioni SpA across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see ALMEX cash flow conversion.

Annual Cash Flow Quality Index for Airtime Partecipazioni SpA (2019–2023)

Year-by-year earnings quality comparison for Airtime Partecipazioni SpA.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2023 0.01x €53.00K €4.47 Million ▲ +102.5%
2022 -0.47x €-2.09 Million €4.43 Million ▲ +92.4%
2021 -6.20x €-18.35 Million €2.96 Million ▼ -1012.0%
2020 -0.56x €-2.38 Million €4.26 Million ▼ -145.3%
2019 1.23x €3.20 Million €2.60 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.