Wavestone S.A. (WAVE) — Cash Flow Quality Index
Wavestone S.A. (WAVE) has a Cash Flow Quality Index of 0.68x as of September 2025. Operating cash flow of €20.62 Million is below net income of €30.32 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore balance sheet size of Wavestone S.A. for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Wavestone S.A. Cash Flow Quality Index (2002–2025)
Historical Cash Flow Quality Index for Wavestone S.A. across 23 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check WAVE goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Wavestone S.A. (2002–2025)
Year-by-year earnings quality comparison for Wavestone S.A.. For live market cap and the full company financial profile, see how much is Wavestone S.A. worth.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.18x | €89.28 Million | €75.92 Million | ▼ -15.7% |
| 2024 | 1.40x | €81.77 Million | €58.59 Million | ▲ +69.8% |
| 2023 | 0.82x | €41.15 Million | €50.07 Million | ▼ -25.6% |
| 2022 | 1.10x | €56.34 Million | €51.03 Million | ▼ -60.4% |
| 2021 | 2.79x | €70.82 Million | €25.38 Million | ▲ +57.2% |
| 2020 | 1.78x | €55.30 Million | €31.14 Million | ▲ +67.5% |
| 2019 | 1.06x | €32.62 Million | €30.77 Million | ▼ -9.4% |
| 2018 | 1.17x | €31.15 Million | €26.63 Million | ▼ -5.2% |
| 2017 | 1.23x | €24.74 Million | €20.05 Million | ▲ +3.0% |
| 2016 | 1.20x | €15.99 Million | €13.36 Million | ▲ +3.6% |
| 2015 | 1.16x | €14.56 Million | €12.60 Million | ▲ +18.8% |
| 2014 | 0.97x | €10.65 Million | €10.95 Million | ▼ -30.9% |
| 2013 | 1.41x | €14.55 Million | €10.34 Million | ▲ +70.0% |
| 2012 | 0.83x | €5.80 Million | €7.00 Million | ▼ -41.6% |
| 2011 | 1.42x | €9.84 Million | €6.93 Million | ▼ -47.5% |
| 2010 | 2.70x | €8.78 Million | €3.25 Million | ▲ +319.9% |
| 2009 | 0.64x | €4.51 Million | €7.01 Million | ▼ -26.3% |
| 2008 | 0.87x | €5.38 Million | €6.17 Million | ▼ -35.2% |
| 2007 | 1.35x | €6.24 Million | €4.63 Million | ▲ +87.9% |
| 2006 | 0.72x | €3.47 Million | €4.84 Million | ▼ -54.1% |
| 2005 | 1.56x | €4.16 Million | €2.66 Million | ▼ -22.2% |
| 2004 | 2.01x | €3.92 Million | €1.95 Million | ▲ +116.6% |
| 2002 | 0.93x | €407.37K | €439.36K | — |