Cleanaway Co Ltd (8422) — Cash Flow Quality Index

Latest as of March 2026: -4.34x

Cleanaway Co Ltd (8422) has a Cash Flow Quality Index of -4.34x as of March 2026. Operating cash flow of NT$-1.22 Billion is below net income of NT$280.92 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Cleanaway Co Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-4.34x
Operating CF / Net Income

Operating Cash Flow

NT$-1.22 Billion
TWD

Net Income

NT$280.92 Million
TWD

Data as of

Mar 2026
Most recent filing

Cleanaway Co Ltd Cash Flow Quality Index (2009–2025)

Historical Cash Flow Quality Index for Cleanaway Co Ltd across 17 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 8422 operating cash flow.

Annual Cash Flow Quality Index for Cleanaway Co Ltd (2009–2025)

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

Year Quality Index Operating CF (TWD) Net Income YoY Change
2025 1.51x NT$2.20 Billion NT$1.46 Billion ▲ +84.5%
2024 0.82x NT$1.22 Billion NT$1.49 Billion ▲ +71.5%
2023 0.48x NT$473.33 Million NT$993.99 Million ▼ -37.1%
2022 0.76x NT$1.29 Billion NT$1.70 Billion ▼ -19.3%
2021 0.94x NT$1.38 Billion NT$1.47 Billion ▼ -23.4%
2020 1.23x NT$1.82 Billion NT$1.49 Billion ▲ +62.5%
2019 0.76x NT$1.09 Billion NT$1.45 Billion ▼ -20.4%
2018 0.95x NT$1.63 Billion NT$1.71 Billion ▼ -11.8%
2017 1.08x NT$1.72 Billion NT$1.60 Billion ▲ +11.1%
2016 0.97x NT$1.63 Billion NT$1.68 Billion ▼ -24.0%
2015 1.27x NT$1.84 Billion NT$1.44 Billion ▲ +12.5%
2014 1.13x NT$1.38 Billion NT$1.22 Billion ▲ +29.0%
2013 0.88x NT$1.26 Billion NT$1.43 Billion ▲ +4.0%
2012 0.84x NT$1.23 Billion NT$1.46 Billion ▼ -14.5%
2011 0.99x NT$1.30 Billion NT$1.32 Billion ▲ +3.5%
2010 0.95x NT$486.15 Million NT$509.35 Million ▲ +6.7%
2009 0.89x NT$242.55 Million NT$271.18 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.