Capex S.A (CAPX) — Cash Flow Quality Index
Latest as of January 2026:
0.41x
Capex S.A (CAPX) has a Cash Flow Quality Index of 0.41x as of January 2026. Operating cash flow of AR$7.03 Billion is below net income of AR$16.99 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore Capex S.A cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.41x
Operating CF / Net Income
Operating Cash Flow
AR$7.03 Billion
ARS
Net Income
AR$16.99 Billion
ARS
Data as of
Jan 2026
Most recent filing
Capex S.A Cash Flow Quality Index (2017–2025)
Historical Cash Flow Quality Index for Capex S.A across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Capex S.A.
Annual Cash Flow Quality Index for Capex S.A (2017–2025)
Year-by-year earnings quality comparison for Capex S.A.
| Year | Quality Index | Operating CF (ARS) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 6.74x | AR$174.40 Billion | AR$25.86 Billion | ▲ +431.6% |
| 2023 | 1.27x | AR$29.33 Billion | AR$23.12 Billion | ▼ -83.8% |
| 2022 | 7.85x | AR$37.01 Billion | AR$4.72 Billion | ▲ +85.9% |
| 2020 | 4.22x | AR$3.94 Billion | AR$933.99 Million | ▲ +22.5% |
| 2019 | 3.45x | AR$6.95 Billion | AR$2.02 Billion | ▲ +104.0% |
| 2018 | 1.69x | AR$3.40 Billion | AR$2.01 Billion | ▼ -53.1% |
| 2017 | 3.60x | AR$2.03 Billion | AR$563.53 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.