Kernel Holding SA Cash Flow Quality Index
Kernel Holding SA cash flow quality index. Kernel Holding SA (KER) has a Cash Flow Quality Index of -7.40x as of December 2025. Operating cash flow of zł-175.51 Million is below net income of zł23.71 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore KER operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Kernel Holding SA (2005–2024)
Cash flow quality index of Kernel Holding SA from 2005 to 2024. Historical Cash Flow Quality Index for Kernel Holding SA across 17 annual periods. Values consistently above 1.0x indicate high-quality earnings. See debt-free asset ratio of Kernel Holding SA to measure how much of total assets are equity-financed.
Kernel Holding SA Cash Flow Quality Index by Year (2005–2024)
Kernel Holding SA cash flow quality index by year from 2005 to 2024. Year-by-year earnings quality comparison for Kernel Holding SA. For the full cash flow conversion analysis, see KER cash generation efficiency.
| Year | Quality Index | Operating CF (PLN) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 2.24x | zł472.14 Million | zł211.05 Million | ▲ +14.9% |
| 2023 | 1.95x | zł716.13 Million | zł367.82 Million | ▲ +185.7% |
| 2021 | 0.68x | zł459.84 Million | zł674.84 Million | ▼ -63.4% |
| 2020 | 1.86x | zł269.36 Million | zł144.82 Million | ▲ +78.3% |
| 2019 | 1.04x | zł198.65 Million | zł190.41 Million | ▼ -36.7% |
| 2018 | 1.65x | zł82.48 Million | zł50.05 Million | ▲ +320.3% |
| 2017 | 0.39x | zł77.41 Million | zł197.44 Million | ▼ -32.1% |
| 2016 | 0.58x | zł133.72 Million | zł231.66 Million | ▼ -86.1% |
| 2015 | 4.16x | zł404.72 Million | zł97.24 Million | ▲ +54.0% |
| 2013 | 2.70x | zł297.67 Million | zł110.15 Million | ▲ +2284.0% |
| 2012 | -0.12x | zł-23.99 Million | zł193.89 Million | ▼ -145.9% |
| 2011 | 0.27x | zł56.15 Million | zł208.42 Million | ▼ -51.8% |
| 2010 | 0.56x | zł84.80 Million | zł151.59 Million | ▼ -45.1% |
| 2009 | 1.02x | zł129.29 Million | zł126.86 Million | ▲ +166.7% |
| 2008 | -1.53x | zł-125.62 Million | zł82.20 Million | ▼ -320.0% |
| 2007 | 0.69x | zł11.59 Million | zł16.69 Million | ▲ +104.2% |
| 2005 | -16.42x | zł-5.30 Million | zł323.00K | — |