Société de Services de Participations de Direction et d'Elaboration (SPA) — Cash Flow Quality Index

Latest as of June 2025: 0.54x

Société de Services de Participations de Direction et d'Elaboration (SPA) has a Cash Flow Quality Index of 0.54x as of June 2025. Operating cash flow of €14.52 Million is below net income of €26.78 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore SPA total assets for the complete picture of this company's asset base.

Cash Flow Quality Index

0.54x
Operating CF / Net Income

Operating Cash Flow

€14.52 Million
EUR

Net Income

€26.78 Million
EUR

Data as of

Jun 2025
Most recent filing

Société de Services de Participations de Direction et d'Elaboration Cash Flow Quality Index (2005–2024)

Historical Cash Flow Quality Index for Société de Services de Participations de Direction et d'Elaboration across 19 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Société de Services de Participations de tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Société de Services de Participations de Direction et d'Elaboration (2005–2024)

Year-by-year earnings quality comparison for Société de Services de Participations de Direction et d'Elaboration. For live market cap and the full company financial profile, see SPA market cap overview.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2024 1.67x €68.53 Million €41.03 Million ▼ -23.7%
2023 2.19x €61.81 Million €28.24 Million ▼ -22.7%
2022 2.83x €36.22 Million €12.79 Million ▲ +62.7%
2021 1.74x €46.39 Million €26.65 Million ▼ -2.7%
2020 1.79x €48.90 Million €27.33 Million ▲ +23.6%
2019 1.45x €39.04 Million €26.98 Million ▲ +29.6%
2018 1.12x €42.44 Million €38.00 Million ▼ -33.3%
2017 1.67x €44.23 Million €26.41 Million ▼ -5.5%
2016 1.77x €30.51 Million €17.22 Million ▼ -20.6%
2015 2.23x €46.91 Million €21.01 Million ▲ +5.6%
2014 2.11x €35.14 Million €16.62 Million ▲ +4.2%
2013 2.03x €23.89 Million €11.78 Million ▲ +10.1%
2012 1.84x €16.50 Million €8.95 Million ▼ -9.0%
2011 2.02x €17.61 Million €8.70 Million ▲ +6.1%
2010 1.91x €24.38 Million €12.78 Million ▼ -5.5%
2009 2.02x €29.67 Million €14.69 Million ▲ +114.0%
2007 0.94x €18.95 Million €20.08 Million ▼ -53.2%
2006 2.02x €35.13 Million €17.42 Million ▼ -32.4%
2005 2.98x €31.67 Million €10.61 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.