Horizon Securities Co Ltd (6015) — Cash Flow Quality Index

Latest as of September 2025: 0.10x

Horizon Securities Co Ltd (6015) has a Cash Flow Quality Index of 0.10x as of September 2025. Operating cash flow of NT$20.17 Million is below net income of NT$206.69 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 6015 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.10x
Operating CF / Net Income

Operating Cash Flow

NT$20.17 Million
TWD

Net Income

NT$206.69 Million
TWD

Data as of

Sep 2025
Most recent filing

Horizon Securities Co Ltd Cash Flow Quality Index (2009–2024)

Historical Cash Flow Quality Index for Horizon Securities Co Ltd across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Horizon Securities Co Ltd cash conversion from operations.

Annual Cash Flow Quality Index for Horizon Securities Co Ltd (2009–2024)

Year-by-year earnings quality comparison for Horizon Securities Co Ltd.

Year Quality Index Operating CF (TWD) Net Income YoY Change
2024 1.83x NT$617.37 Million NT$337.46 Million ▲ +190.7%
2023 -2.02x NT$-416.59 Million NT$206.58 Million ▼ -274.8%
2021 1.15x NT$1.58 Billion NT$1.37 Billion ▲ +1370.0%
2020 -0.09x NT$-37.89 Million NT$417.21 Million ▼ -105.8%
2019 1.58x NT$218.90 Million NT$138.90 Million ▲ +201.8%
2017 -1.55x NT$-293.35 Million NT$189.56 Million ▼ -180.1%
2014 1.93x NT$384.93 Million NT$199.35 Million ▲ +312.1%
2013 -0.91x NT$-250.34 Million NT$274.97 Million ▼ -9530.8%
2012 -0.01x NT$-16.63 Million NT$1.76 Billion ▼ -100.0%
2010 52.02x NT$748.66 Million NT$14.39 Million ▲ +1609.3%
2009 -3.45x NT$-940.23 Million NT$272.77 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.