Candles Scandinavia AB Series B (CANDLE-B) — Cash Flow Quality Index

Latest as of October 2024: -0.60x

Candles Scandinavia AB Series B (CANDLE-B) has a Cash Flow Quality Index of -0.60x as of October 2024. Operating cash flow of Skr-5.81 Million is below net income of Skr9.64 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Candles Scandinavia AB Series B (CANDLE-B) total assets for the complete picture of this company's asset base.

Cash Flow Quality Index

-0.60x
Operating CF / Net Income

Operating Cash Flow

Skr-5.81 Million
SEK

Net Income

Skr9.64 Million
SEK

Data as of

Oct 2024
Most recent filing

Candles Scandinavia AB Series B Cash Flow Quality Index (2020–2023)

Historical Cash Flow Quality Index for Candles Scandinavia AB Series B across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Candles Scandinavia AB Series B to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Candles Scandinavia AB Series B (2020–2023)

Year-by-year earnings quality comparison for Candles Scandinavia AB Series B. For live market cap and the full company financial profile, see Candles Scandinavia AB Series B (CANDLE-B) total market value.

Year Quality Index Operating CF (SEK) Net Income YoY Change
2023 -16.41x Skr-29.46 Million Skr1.80 Million ▼ -4094.2%
2021 0.41x Skr3.96 Million Skr9.63 Million ▲ +296.4%
2020 0.10x Skr353.05K Skr3.41 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.