Spirox Corp (3055) — Cash Flow Quality Index

Latest as of March 2023: 0.49x

Spirox Corp (3055) has a Cash Flow Quality Index of 0.49x as of March 2023. Operating cash flow of NT$61.11 Million is below net income of NT$125.91 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore debt repayment capacity of Spirox Corp to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.49x
Operating CF / Net Income

Operating Cash Flow

NT$61.11 Million
TWD

Net Income

NT$125.91 Million
TWD

Data as of

Mar 2023
Most recent filing

Spirox Corp Cash Flow Quality Index (2002–2022)

Historical Cash Flow Quality Index for Spirox Corp across 18 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 3055 operating cash flow.

Annual Cash Flow Quality Index for Spirox Corp (2002–2022)

Year-by-year earnings quality comparison for Spirox Corp.

Year Quality Index Operating CF (TWD) Net Income YoY Change
2022 1.05x NT$253.17 Million NT$240.16 Million ▲ +102.3%
2019 -45.07x NT$-1.32 Billion NT$29.22 Million ▼ -3415.7%
2018 -1.28x NT$-160.60 Million NT$125.28 Million ▼ -133.2%
2017 3.86x NT$232.32 Million NT$60.12 Million ▲ +229.8%
2016 1.17x NT$272.39 Million NT$232.47 Million ▲ +4266.0%
2015 0.03x NT$18.93 Million NT$705.39 Million ▼ -98.3%
2014 1.56x NT$520.31 Million NT$333.81 Million ▼ -76.4%
2012 6.62x NT$399.76 Million NT$60.40 Million ▲ +254.4%
2011 1.87x NT$184.74 Million NT$98.91 Million ▲ +1123.0%
2010 -0.18x NT$-65.71 Million NT$359.91 Million ▼ -106.6%
2009 2.79x NT$565.73 Million NT$202.99 Million ▼ -43.2%
2008 4.91x NT$1.02 Billion NT$208.21 Million ▲ +315.0%
2007 1.18x NT$923.03 Million NT$780.84 Million ▲ +84.4%
2006 0.64x NT$364.42 Million NT$568.56 Million ▼ -23.7%
2005 0.84x NT$532.43 Million NT$634.05 Million ▼ -21.8%
2004 1.07x NT$826.86 Million NT$769.83 Million ▲ +22.9%
2003 0.87x NT$280.97 Million NT$321.58 Million ▼ -36.3%
2002 1.37x NT$425.20 Million NT$310.10 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.