Headway (1776) — Cash Flow Quality Index

Latest as of March 2026: 2.07x

Headway (1776) has a Cash Flow Quality Index of 2.07x as of March 2026. Operating cash flow of NT$44.08 Million exceeds net income of NT$21.33 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Headway service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

2.07x
Operating CF / Net Income

Operating Cash Flow

NT$44.08 Million
TWD

Net Income

NT$21.33 Million
TWD

Data as of

Mar 2026
Most recent filing

Headway Cash Flow Quality Index (2009–2025)

Historical Cash Flow Quality Index for Headway across 16 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Headway (1776) cash flow conversion.

Annual Cash Flow Quality Index for Headway (2009–2025)

Year-by-year earnings quality comparison for Headway.

Year Quality Index Operating CF (TWD) Net Income YoY Change
2025 4.11x NT$183.58 Million NT$44.72 Million ▲ +25.1%
2024 3.28x NT$146.04 Million NT$44.52 Million ▲ +13.6%
2023 2.89x NT$110.40 Million NT$38.23 Million ▼ -6.7%
2022 3.10x NT$92.66 Million NT$29.92 Million ▲ +431.2%
2021 0.58x NT$121.54 Million NT$208.49 Million ▼ -58.6%
2020 1.41x NT$114.79 Million NT$81.59 Million ▼ -22.5%
2019 1.81x NT$165.93 Million NT$91.43 Million ▲ +101.8%
2017 0.90x NT$135.22 Million NT$150.33 Million ▼ -48.8%
2016 1.76x NT$287.03 Million NT$163.31 Million ▲ +62.6%
2015 1.08x NT$208.49 Million NT$192.93 Million ▲ +11.9%
2014 0.97x NT$133.62 Million NT$138.38 Million ▲ +62.5%
2013 0.59x NT$84.44 Million NT$142.12 Million ▼ -59.2%
2012 1.46x NT$201.59 Million NT$138.53 Million ▲ +91.3%
2011 0.76x NT$53.68 Million NT$70.57 Million ▼ -55.5%
2010 1.71x NT$184.66 Million NT$108.06 Million ▲ +11.3%
2009 1.53x NT$233.95 Million NT$152.43 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.