Abonmax Co Ltd (2429) — Cash Flow Quality Index

Latest as of December 2023: -2.25x

Abonmax Co Ltd (2429) has a Cash Flow Quality Index of -2.25x as of December 2023. Operating cash flow of NT$-24.33 Million is below net income of NT$10.83 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 2429 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-2.25x
Operating CF / Net Income

Operating Cash Flow

NT$-24.33 Million
TWD

Net Income

NT$10.83 Million
TWD

Data as of

Dec 2023
Most recent filing

Abonmax Co Ltd Cash Flow Quality Index (2009–2016)

Historical Cash Flow Quality Index for Abonmax Co Ltd across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 2429 cash generation efficiency.

Annual Cash Flow Quality Index for Abonmax Co Ltd (2009–2016)

Year-by-year earnings quality comparison for Abonmax Co Ltd.

Year Quality Index Operating CF (TWD) Net Income YoY Change
2016 3.76x NT$77.70 Million NT$20.64 Million ▲ +1356.5%
2012 -0.30x NT$-41.74 Million NT$139.31 Million ▼ -108.2%
2009 3.64x NT$19.73 Million NT$5.42 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.