Top Systems-L Cash Flow Quality Index

Latest as of June 2025: 3.53x

Top Systems-L 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. See financial flexibility index of Top Systems-L to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

3.53x
Operating CF / Net Income

Operating Cash Flow

ILA11.90 Million
ILA

Net Income

ILA3.38 Million
ILA

Data as of

Jun 2025
Most recent filing

Cash Flow Quality Index of Top Systems-L (2012–2024)

Cash flow quality index of Top Systems-L from 2012 to 2024. Historical Cash Flow Quality Index for Top Systems-L across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore how well can Top Systems-L service its debt to assess how comfortably operating cash covers total debt obligations.

Top Systems-L Cash Flow Quality Index by Year (2012–2024)

Top Systems-L cash flow quality index by year from 2012 to 2024. Year-by-year earnings quality comparison for Top Systems-L. For the full cash flow conversion analysis, see cash flow conversion of 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 —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.