Top Systems-L (TOPS) — Cash Flow Quality Index

Latest as of June 2025: 3.53x

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. Also explore Top Systems-L assets under control for the complete picture of this company's asset base.

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

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. Check TOPS tangible net assets ratio to evaluate the tangible quality of the company's equity base.

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

Year-by-year earnings quality comparison for Top Systems-L. For live market cap and the full company financial profile, see TOPS company net worth.

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.