Havanna Holding SA (HAVA) — Cash Flow Quality Index
Havanna Holding SA (HAVA) has a Cash Flow Quality Index of 1.88x as of December 2025. Operating cash flow of AR$5.08 Billion exceeds net income of AR$2.70 Billion, indicating high earnings quality where cash backs reported profits. Explore Havanna Holding SA (HAVA) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Havanna Holding SA Cash Flow Quality Index (2015–2025)
Historical Cash Flow Quality Index for Havanna Holding SA across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Havanna Holding SA.
Annual Cash Flow Quality Index for Havanna Holding SA (2015–2025)
Year-by-year earnings quality comparison for Havanna Holding SA.
| Year | Quality Index | Operating CF (ARS) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.19x | AR$13.47 Billion | AR$11.34 Billion | ▼ -40.1% |
| 2024 | 1.98x | AR$33.76 Billion | AR$17.02 Billion | ▲ +40.9% |
| 2023 | 1.41x | AR$22.01 Billion | AR$15.64 Billion | ▼ -14.7% |
| 2022 | 1.65x | AR$3.90 Billion | AR$2.36 Billion | ▼ -49.0% |
| 2021 | 3.23x | AR$1.49 Billion | AR$459.49 Million | ▼ -49.1% |
| 2019 | 6.35x | AR$805.13 Million | AR$126.71 Million | ▲ +382.1% |
| 2018 | 1.32x | AR$286.95 Million | AR$217.70 Million | ▼ -64.1% |
| 2017 | 3.68x | AR$255.07 Million | AR$69.40 Million | ▲ +274.3% |
| 2016 | 0.98x | AR$72.39 Million | AR$73.73 Million | ▼ -23.8% |
| 2015 | 1.29x | AR$84.96 Million | AR$65.98 Million | — |