Vulcan Steel Ltd (VSL) — Cash Flow Quality Index
Vulcan Steel Ltd (VSL) has a Cash Flow Quality Index of 4.66x as of December 2025. Operating cash flow of AU$39.91 Million exceeds net income of AU$8.55 Million, indicating high earnings quality where cash backs reported profits. Also explore VSL asset base for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Vulcan Steel Ltd Cash Flow Quality Index (2018–2025)
Historical Cash Flow Quality Index for Vulcan Steel Ltd across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is Vulcan Steel Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Vulcan Steel Ltd (2018–2025)
Year-by-year earnings quality comparison for Vulcan Steel Ltd. For live market cap and the full company financial profile, see Vulcan Steel Ltd market capitalisation.
| Year | Quality Index | Operating CF (AUD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 6.67x | AU$104.95 Million | AU$15.73 Million | ▲ +58.2% |
| 2024 | 4.22x | AU$168.71 Million | AU$39.98 Million | ▲ +152.7% |
| 2023 | 1.67x | AU$146.77 Million | AU$87.90 Million | ▲ +1604.4% |
| 2022 | 0.10x | AU$10.95 Million | AU$111.82 Million | ▼ -94.0% |
| 2021 | 1.63x | AU$105.45 Million | AU$64.83 Million | ▼ -34.5% |
| 2020 | 2.48x | AU$71.27 Million | AU$28.69 Million | ▲ +288.9% |
| 2019 | 0.64x | AU$23.04 Million | AU$36.06 Million | ▲ +13.1% |
| 2018 | 0.56x | AU$23.68 Million | AU$41.93 Million | — |