RaySearch Laboratories AB (publ) (RAY-B) — Cash Flow Quality Index

Latest as of March 2026: 2.20x

RaySearch Laboratories AB (publ) (RAY-B) has a Cash Flow Quality Index of 2.20x as of March 2026. Operating cash flow of Skr116.90 Million exceeds net income of Skr53.20 Million, indicating high earnings quality where cash backs reported profits. Explore RAY-B operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

2.20x
Operating CF / Net Income

Operating Cash Flow

Skr116.90 Million
SEK

Net Income

Skr53.20 Million
SEK

Data as of

Mar 2026
Most recent filing

RaySearch Laboratories AB (publ) Cash Flow Quality Index (2004–2025)

Historical Cash Flow Quality Index for RaySearch Laboratories AB (publ) across 19 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see RAY-B cash flow conversion.

Annual Cash Flow Quality Index for RaySearch Laboratories AB (publ) (2004–2025)

Year-by-year earnings quality comparison for RaySearch Laboratories AB (publ).

Year Quality Index Operating CF (SEK) Net Income YoY Change
2025 1.70x Skr387.00 Million Skr227.80 Million ▼ -28.7%
2024 2.38x Skr485.23 Million Skr203.51 Million ▼ -57.3%
2023 5.59x Skr455.93 Million Skr81.57 Million ▼ -62.7%
2022 15.00x Skr356.78 Million Skr23.78 Million ▲ +193.4%
2019 5.11x Skr320.14 Million Skr62.61 Million ▲ +160.1%
2018 1.97x Skr178.47 Million Skr90.76 Million ▲ +107.9%
2017 0.95x Skr147.48 Million Skr155.90 Million ▲ +55.1%
2016 0.61x Skr120.85 Million Skr198.09 Million ▼ -48.8%
2015 1.19x Skr111.43 Million Skr93.49 Million ▲ +86.6%
2014 0.64x Skr50.27 Million Skr78.70 Million ▼ -82.8%
2012 3.71x Skr87.45 Million Skr23.56 Million ▲ +214.7%
2011 1.18x Skr33.85 Million Skr28.70 Million ▼ -24.6%
2010 1.56x Skr62.78 Million Skr40.12 Million ▲ +31.3%
2009 1.19x Skr49.21 Million Skr41.28 Million ▲ +10.3%
2008 1.08x Skr26.05 Million Skr24.11 Million ▼ -20.0%
2007 1.35x Skr37.86 Million Skr28.04 Million ▲ +56.4%
2006 0.86x Skr30.09 Million Skr34.86 Million ▼ -16.5%
2005 1.03x Skr41.39 Million Skr40.02 Million ▲ +3.7%
2004 1.00x Skr12.87 Million Skr12.90 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.