Thirdeye Systems Ltd (THES) — Cash Flow Quality Index

Latest as of December 2023: -0.04x

Thirdeye Systems Ltd (THES) has a Cash Flow Quality Index of -0.04x as of December 2023. Operating cash flow of ILA-73.00K is below net income of ILA2.08 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Thirdeye Systems Ltd service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.04x
Operating CF / Net Income

Operating Cash Flow

ILA-73.00K
ILA

Net Income

ILA2.08 Million
ILA

Data as of

Dec 2023
Most recent filing

Thirdeye Systems Ltd Cash Flow Quality Index (2013–2019)

Historical Cash Flow Quality Index for Thirdeye Systems Ltd across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Thirdeye Systems Ltd.

Annual Cash Flow Quality Index for Thirdeye Systems Ltd (2013–2019)

Year-by-year earnings quality comparison for Thirdeye Systems Ltd.

Year Quality Index Operating CF (ILA) Net Income YoY Change
2019 -0.11x ILA-516.00K ILA4.67 Million ▲ +33.8%
2013 -0.17x ILA-2.47 Million ILA14.83 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.