Banco Macro SA B (BMA) — Cash Flow Quality Index
Banco Macro SA B (BMA) has a Cash Flow Quality Index of -3.16x as of June 2025. Operating cash flow of AR$-472.53 Billion is below net income of AR$149.54 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore BMA debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Banco Macro SA B Cash Flow Quality Index (2015–2024)
Historical Cash Flow Quality Index for Banco Macro SA B across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Banco Macro SA B cash conversion from operations.
Annual Cash Flow Quality Index for Banco Macro SA B (2015–2024)
Year-by-year earnings quality comparison for Banco Macro SA B.
| Year | Quality Index | Operating CF (ARS) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 6.15x | AR$2.00 Trillion | AR$325.50 Billion | ▲ +107.0% |
| 2023 | -87.67x | AR$-85.23 Billion | AR$972.16 Million | ▼ -1101.5% |
| 2022 | 8.75x | AR$1.61 Trillion | AR$184.18 Billion | ▲ +370.1% |
| 2021 | 1.86x | AR$271.77 Billion | AR$145.94 Billion | ▼ -39.0% |
| 2020 | 3.05x | AR$351.90 Billion | AR$115.26 Billion | ▼ -22.2% |
| 2019 | 3.92x | AR$160.04 Billion | AR$40.80 Billion | ▲ +351.1% |
| 2018 | -1.56x | AR$-24.57 Billion | AR$15.73 Billion | ▲ +60.6% |
| 2017 | -3.97x | AR$-23.55 Billion | AR$5.94 Billion | ▼ -305.4% |
| 2016 | 1.93x | AR$12.63 Billion | AR$6.54 Billion | ▲ +112.4% |
| 2015 | 0.91x | AR$4.55 Billion | AR$5.01 Billion | — |