Micro-Star International Co Ltd (2377) — Cash Flow Quality Index

Latest as of December 2025: 0.74x

Micro-Star International Co Ltd (2377) has a Cash Flow Quality Index of 0.74x as of December 2025. Operating cash flow of NT$1.21 Billion is below net income of NT$1.63 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore 2377 cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.74x
Operating CF / Net Income

Operating Cash Flow

NT$1.21 Billion
TWD

Net Income

NT$1.63 Billion
TWD

Data as of

Dec 2025
Most recent filing

Micro-Star International Co Ltd Cash Flow Quality Index (2000–2025)

Historical Cash Flow Quality Index for Micro-Star International Co Ltd across 26 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Micro-Star International Co Ltd.

Annual Cash Flow Quality Index for Micro-Star International Co Ltd (2000–2025)

Year-by-year earnings quality comparison for Micro-Star International Co Ltd.

Year Quality Index Operating CF (TWD) Net Income YoY Change
2025 0.70x NT$4.00 Billion NT$5.75 Billion ▲ +18.4%
2024 0.59x NT$5.00 Billion NT$8.51 Billion ▼ -10.8%
2023 0.66x NT$4.96 Billion NT$7.53 Billion ▼ -48.3%
2022 1.27x NT$15.64 Billion NT$12.28 Billion ▲ +108.3%
2021 0.61x NT$12.61 Billion NT$20.63 Billion ▼ -45.8%
2020 1.13x NT$10.82 Billion NT$9.60 Billion ▼ -20.7%
2019 1.42x NT$9.27 Billion NT$6.52 Billion ▲ +11923.4%
2018 0.01x NT$84.62 Million NT$7.15 Billion ▼ -97.1%
2017 0.41x NT$2.44 Billion NT$5.98 Billion ▼ -52.8%
2016 0.87x NT$5.04 Billion NT$5.82 Billion ▼ -35.5%
2015 1.34x NT$5.73 Billion NT$4.27 Billion ▲ +331.3%
2014 0.31x NT$1.11 Billion NT$3.58 Billion ▼ -75.6%
2013 1.27x NT$3.48 Billion NT$2.73 Billion ▼ -34.7%
2012 1.95x NT$1.69 Billion NT$864.89 Million ▼ -86.4%
2011 14.37x NT$4.69 Billion NT$326.16 Million ▲ +801.5%
2010 1.59x NT$828.34 Million NT$519.83 Million ▼ -80.8%
2009 8.28x NT$2.00 Billion NT$241.25 Million ▲ +782.7%
2008 0.94x NT$2.13 Billion NT$2.27 Billion ▲ +608.8%
2007 -0.18x NT$-537.08 Million NT$2.91 Billion ▼ -131.4%
2006 0.59x NT$731.76 Million NT$1.25 Billion ▼ -78.8%
2005 2.77x NT$3.26 Billion NT$1.18 Billion ▲ +70.1%
2004 1.63x NT$732.11 Million NT$449.32 Million ▲ +145.4%
2003 0.66x NT$1.98 Billion NT$2.98 Billion ▼ -53.3%
2002 1.42x NT$4.75 Billion NT$3.34 Billion ▲ +162.5%
2001 0.54x NT$2.08 Billion NT$3.84 Billion ▼ -56.3%
2000 1.24x NT$2.68 Billion NT$2.16 Billion —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.