Cash conversion of earnings
How fully operating cash flow backs reported net income for the same period - the work line behind the cash-flow-backing screen.
Formula
Operating cash flow ÷ net income (identical period end)
Served as: annual · derived. Annual and quarterly observations are never mixed unlabeled.
Where the inputs come from
- NetCashProvidedByUsedInOperatingActivities
- NetIncomeLoss (same-end pairing)
Listed highest priority first. Every served figure carries its filing, fiscal period and accession; open any value on the financials page to see them.
How to compare it honestly
Read across several years; a persistently low ratio matters more than one year's timing gap.
When it is not served
Not computed when net income is untagged for the end or not positive - a share of a non-positive base misleads.
Missing data is missing evidence: it is never shown as zero and never treated as a conclusion.
What it cannot tell you
Working-capital timing creates honest single-year gaps; this is the same identity the eq_gap screen counts, shown as work.
Questions worth asking next
- Does the multi-year eq-gap window agree with the latest year's ratio?
- Which working-capital lines drove the gap per the cash-flow statement?
Research prompts, not recommendations.
See it computed from filings
Related in cash and conversion: Free cash flow · FCF conversion · Cash returned · Total payout / FCF · Dividend payout
Definitions are descriptive and educational. Nothing here is a guaranteed signal or personalized investment advice. How the platform computes and cites every figure.