Wavestone S.A. (WAVE) — Cash Flow Quality Index
Latest as of September 2025:
0.68x
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. Explore Wavestone S.A. debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.68x
Operating CF / Net Income
Operating Cash Flow
€20.62 Million
EUR
Net Income
€30.32 Million
EUR
Data as of
Sep 2025
Most recent filing
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. For the full cash flow conversion analysis, see WAVE cash generation efficiency.
Annual Cash Flow Quality Index for Wavestone S.A. (2002–2025)
Year-by-year earnings quality comparison for Wavestone S.A..
| 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 | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.