Manchester United Ltd (MUF) — Cash Flow Quality Index

Latest as of December 2025: -2.73x

Manchester United Ltd (MUF) has a Cash Flow Quality Index of -2.73x as of December 2025. Operating cash flow of €-11.43 Million is below net income of €4.18 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Manchester United Ltd service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-2.73x
Operating CF / Net Income

Operating Cash Flow

€-11.43 Million
EUR

Net Income

€4.18 Million
EUR

Data as of

Dec 2025
Most recent filing

Manchester United Ltd Cash Flow Quality Index (2014–2019)

Historical Cash Flow Quality Index for Manchester United Ltd across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see MUF cash flow conversion.

Annual Cash Flow Quality Index for Manchester United Ltd (2014–2019)

Year-by-year earnings quality comparison for Manchester United Ltd.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2019 12.96x €244.78 Million €18.88 Million ▲ +123.3%
2017 5.81x €227.66 Million €39.21 Million ▲ +13.5%
2016 5.12x €186.09 Million €36.37 Million ▲ +67.5%
2014 3.05x €72.79 Million €23.84 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.