Top Systems-L (TOPS) — Cash Flow Quality Index
Top Systems-L (TOPS) has a Cash Flow Quality Index of 3.53x as of June 2025. Operating cash flow of ILA11.90 Million exceeds net income of ILA3.38 Million, indicating high earnings quality where cash backs reported profits. Explore Top Systems-L (TOPS) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Top Systems-L Cash Flow Quality Index (2012–2024)
Historical Cash Flow Quality Index for Top Systems-L across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Top Systems-L (TOPS) cash conversion ratio.
Annual Cash Flow Quality Index for Top Systems-L (2012–2024)
Year-by-year earnings quality comparison for Top Systems-L.
| Year | Quality Index | Operating CF (ILA) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.35x | ILA20.94 Million | ILA15.53 Million | ▼ -17.2% |
| 2023 | 1.63x | ILA19.71 Million | ILA12.11 Million | ▲ +42.3% |
| 2022 | 1.14x | ILA17.10 Million | ILA14.94 Million | ▲ +30.7% |
| 2021 | 0.88x | ILA12.33 Million | ILA14.09 Million | ▼ -50.5% |
| 2020 | 1.77x | ILA16.52 Million | ILA9.33 Million | ▲ +13.0% |
| 2019 | 1.57x | ILA10.57 Million | ILA6.75 Million | ▲ +110.8% |
| 2018 | 0.74x | ILA5.22 Million | ILA7.02 Million | ▼ -16.6% |
| 2017 | 0.89x | ILA5.59 Million | ILA6.28 Million | ▼ -12.4% |
| 2016 | 1.02x | ILA5.36 Million | ILA5.27 Million | ▲ +12.2% |
| 2015 | 0.91x | ILA4.34 Million | ILA4.79 Million | ▲ +63.3% |
| 2014 | 0.55x | ILA2.42 Million | ILA4.36 Million | ▼ -3.1% |
| 2013 | 0.57x | ILA1.33 Million | ILA2.32 Million | ▼ -64.1% |
| 2012 | 1.60x | ILA2.95 Million | ILA1.84 Million | — |