Athanase Innovation AB (ATIN) — Cash Flow Quality Index

Latest as of March 2024: -0.45x

Athanase Innovation AB (ATIN) has a Cash Flow Quality Index of -0.45x as of March 2024. Operating cash flow of Skr-10.62 Million is below net income of Skr23.39 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Athanase Innovation AB debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.45x
Operating CF / Net Income

Operating Cash Flow

Skr-10.62 Million
SEK

Net Income

Skr23.39 Million
SEK

Data as of

Mar 2024
Most recent filing

Athanase Innovation AB Cash Flow Quality Index (2018–2020)

Historical Cash Flow Quality Index for Athanase Innovation AB across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Athanase Innovation AB operating cash flow efficiency.

Annual Cash Flow Quality Index for Athanase Innovation AB (2018–2020)

Year-by-year earnings quality comparison for Athanase Innovation AB.

Year Quality Index Operating CF (SEK) Net Income YoY Change
2020 1.02x Skr22.34 Million Skr21.99 Million ▼ -20.8%
2019 1.28x Skr28.38 Million Skr22.12 Million ▲ +77.6%
2018 0.72x Skr15.05 Million Skr20.85 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.