Valiant Holding AG (VATN) — Cash Flow Quality Index
Valiant Holding AG (VATN) has a Cash Flow Quality Index of 0.32x as of December 2023. Operating cash flow of CHF14.11 Million is below net income of CHF44.59 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Valiant Holding AG service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Valiant Holding AG Cash Flow Quality Index (2008–2025)
Historical Cash Flow Quality Index for Valiant Holding AG across 17 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Valiant Holding AG.
Annual Cash Flow Quality Index for Valiant Holding AG (2008–2025)
Year-by-year earnings quality comparison for Valiant Holding AG.
| Year | Quality Index | Operating CF (CHF) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.42x | CHF65.17 Million | CHF154.71 Million | ▼ -65.9% |
| 2024 | 1.24x | CHF186.02 Million | CHF150.38 Million | ▲ +40.2% |
| 2023 | 0.88x | CHF127.31 Million | CHF144.25 Million | ▲ +109.7% |
| 2022 | -9.11x | CHF-1.18 Billion | CHF129.51 Million | ▼ -576.3% |
| 2021 | 1.91x | CHF235.50 Million | CHF123.12 Million | ▼ -83.6% |
| 2020 | 11.63x | CHF1.42 Billion | CHF121.87 Million | ▼ -23.4% |
| 2019 | 15.18x | CHF1.84 Billion | CHF121.06 Million | ▲ +419.3% |
| 2018 | -4.76x | CHF-572.18 Million | CHF120.33 Million | ▼ -240.6% |
| 2017 | 3.38x | CHF403.22 Million | CHF119.24 Million | ▼ -10.3% |
| 2016 | 3.77x | CHF443.05 Million | CHF117.51 Million | ▲ +114.4% |
| 2015 | 1.76x | CHF201.17 Million | CHF114.38 Million | ▼ -66.5% |
| 2014 | 5.24x | CHF495.60 Million | CHF94.51 Million | ▲ +8130.5% |
| 2013 | 0.06x | CHF5.83 Million | CHF91.44 Million | ▲ +107.1% |
| 2012 | -0.90x | CHF-114.42 Million | CHF126.97 Million | ▼ -124.4% |
| 2011 | 3.69x | CHF470.91 Million | CHF127.63 Million | ▲ +230.7% |
| 2009 | 1.12x | CHF165.71 Million | CHF148.54 Million | ▲ +25.6% |
| 2008 | 0.89x | CHF131.99 Million | CHF148.60 Million | — |