Novacyt (ALNOV) — Cash Flow Quality Index

Latest as of December 2021: 9.46x

Novacyt (ALNOV) has a Cash Flow Quality Index of 9.46x as of December 2021. Operating cash flow of €16.56 Million exceeds net income of €1.75 Million, indicating high earnings quality where cash backs reported profits. Explore ALNOV strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

9.46x
Operating CF / Net Income

Operating Cash Flow

€16.56 Million
EUR

Net Income

€1.75 Million
EUR

Data as of

Dec 2021
Most recent filing

Novacyt Cash Flow Quality Index (2020–2020)

Historical Cash Flow Quality Index for Novacyt across 1 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Novacyt to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Novacyt (2020–2020)

Year-by-year earnings quality comparison for Novacyt. For live market cap and the full company financial profile, see ALNOV market cap overview.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2020 0.78x €102.98 Million €132.42 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.